Bankinter (OTCMKTS:BKNIY) Stock Rating Raised to “Strong-Buy” at Jefferies Financial Group

Bankinter (OTCMKTS:BKNIY) was upgraded by investment analysts at Jefferies Financial Group from a “hold” rating to a “strong-buy” rating in a research report issued on Monday, Zacks reports.

Separately, Royal Bank Of Canada restated an “outperform” rating on shares of Bankinter in a report on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Bankinter presently has an average rating of “Moderate Buy”.

Bankinter Price Performance

OTCMKTS BKNIY opened at $17.50 on Monday. The company has a market cap of $15.73 billion, a P/E ratio of 11.99 and a beta of -0.16. The stock has a 50-day moving average of $18.72 and a two-hundred day moving average of $17.68. Bankinter has a 1-year low of $14.65 and a 1-year high of $20.07.

Bankinter (OTCMKTS:BKNIY) last issued its quarterly earnings results on Thursday, October 22nd. The bank reported $0.38 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.38. Bankinter had a net margin of 24.27% and a return on equity of 18.20%. On average, analysts anticipate that Bankinter will post 1.52 EPS for the current fiscal year.

About Bankinter

Bankinter, SA is a Spanish financial institution headquartered in Madrid. The company provides banking and financial services to individuals, businesses, corporations and institutional clients, with activities spanning retail banking, corporate and investment banking, private banking, asset management and consumer finance.

Its products and services include current and savings accounts, loans and mortgages, credit cards, payment services, investment products, brokerage and wealth-management solutions.