CaixaBank, S.A. Unsponsored ADR (CAIXY) – What Are Analysts Saying About This Stock?

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

Several analysts have recently commented on the company. UBS Group upgraded CaixaBank from a “hold” rating to a “buy” rating in a report on Wednesday, September 23rd. Keefe, Bruyette & Woods cut shares of CaixaBank from a “hold” rating to a “moderate sell” rating in a report on Monday, August 17th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of CaixaBank in a report on Tuesday, August 4th. Finally, Citigroup reaffirmed a “buy” rating on shares of CaixaBank in a research report on Monday, October 5th.

CaixaBank Stock Down 3.8%

Shares of OTCMKTS CAIXY opened at $4.33 on Monday. The firm’s 50 day simple moving average is $4.64 and its 200-day simple moving average is $4.44. CaixaBank has a 12 month low of $3.41 and a 12 month high of $5.21.

CaixaBank Company Profile

CaixaBank is a Spanish financial services group that provides retail, commercial and corporate banking to individuals, businesses and institutions. Its services include deposits, loans, mortgages, payment services, wealth management and insurance, offered through branch, digital and other channels.

The bank is headquartered in Valencia and serves customers primarily in Spain. Its international operations include Banco BPI, a banking subsidiary in Portugal.

CaixaBank was established in 2011 as part of the restructuring of the financial activities of La Caixa, a savings bank with roots dating to 1904.