Bankinter SA (OTCMKTS:BKNIY) Stock Now Rated “Hold” by Sell-Side Brokerages

Shares of Bankinter SA (OTCMKTS:BKNIY) have been given a consensus rating of “Hold” by the six analysts that are covering the company, MarketBeat reports. One analyst has rated the stock with a sell recommendation, three have given a hold recommendation and two have issued a buy recommendation on the company.

Separately, Royal Bank Of Canada reiterated an “outperform” rating on shares of Bankinter in a research note on Friday, July 24th.

Bankinter Trading Down 0.5%

Bankinter stock opened at $17.02 on Wednesday. Bankinter has a 1-year low of $14.65 and a 1-year high of $20.07. The firm has a market capitalization of $15.30 billion, a price-to-earnings ratio of 11.66 and a beta of -0.16. The firm has a 50 day simple moving average of $18.99 and a 200 day simple moving average of $17.57.

Bankinter (OTCMKTS:BKNIY) last posted its earnings results on Thursday, July 23rd. The bank reported $0.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.37 by $0.03. Bankinter had a return on equity of 18.20% and a net margin of 24.27%. The firm had revenue of $936.89 million for the quarter, compared to the consensus estimate of $909.46 million. On average, equities research analysts forecast that Bankinter will post 1.52 EPS for the current year.

About Bankinter

Bankinter, SA is a Spanish financial services company headquartered in Madrid. Founded in 1965 as Banco Intercontinental Español, a joint venture between Bank of America and Banco de Santander, the bank became an independent listed institution and adopted the Bankinter name in 1990.

The company provides retail and commercial banking services to individuals, businesses and institutions. Its offerings include current and savings accounts, mortgages, consumer and business loans, payment services, investment products, securities brokerage, asset management and private banking.