CaixaBank, S.A. Unsponsored ADR (OTCMKTS:CAIXY) Receives Consensus Rating of “Hold” from Brokerages

Shares of CaixaBank, S.A. Unsponsored ADR (OTCMKTS:CAIXY) have been assigned a consensus recommendation of “Hold” from the six brokerages that are presently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the company.

A number of research analysts recently commented on the company. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of CaixaBank in a research note on Tuesday, August 4th. Citigroup reissued a “buy” rating on shares of CaixaBank in a report on Thursday, July 9th. Finally, Keefe, Bruyette & Woods lowered shares of CaixaBank from a “hold” rating to a “moderate sell” rating in a research report on Monday, August 17th.

CaixaBank Trading Up 0.8%

Shares of CaixaBank stock opened at $5.12 on Friday. CaixaBank has a twelve month low of $3.31 and a twelve month high of $5.21. The business’s 50 day simple moving average is $4.92 and its 200-day simple moving average is $4.46.

About CaixaBank

CaixaBank, SA is a Spanish financial services company that provides banking and related services to individuals, families, businesses and institutional customers. Its offerings include retail and commercial banking, lending, deposits, payment services, investment products, wealth management and corporate finance.

The group also operates in insurance, asset management and consumer finance through specialized businesses and subsidiaries. CaixaBank serves customers primarily in Spain and has an international presence, including through Banco BPI in Portugal, which it acquired in full in 2017.

CaixaBank traces its roots to the savings-bank sector and was created in its current form in 2011 through the restructuring of Criteria CaixaCorp.