CaixaBank (OTCMKTS:CAIXY) Reaches New 12-Month High – Should You Buy?

CaixaBank, S.A. Unsponsored ADR (OTCMKTS:CAIXY)’s share price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $3.96 and last traded at $3.9425, with a volume of 3196 shares traded. The stock had previously closed at $3.84.

Analyst Ratings Changes

CAIXY has been the topic of a number of recent analyst reports. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of CaixaBank in a research report on Monday, November 3rd. Deutsche Bank Aktiengesellschaft reiterated a “sell” rating on shares of CaixaBank in a research note on Thursday, December 4th. Finally, The Goldman Sachs Group upgraded shares of CaixaBank from a “sell” rating to a “hold” rating in a research report on Wednesday, September 24th. One analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, CaixaBank currently has a consensus rating of “Hold”.

CaixaBank Stock Up 0.3%

The company has a 50-day moving average price of $3.57 and a two-hundred day moving average price of $3.28.

CaixaBank Company Profile

CaixaBank, SA, together with its subsidiaries, provides various banking products and financial services in Spain and internationally. The company operates through Banking and Insurance, Equity Investments, and BPI segments. It also provides solutions related to security, protection, internationalization, and financing; traditional financial advice, independent advice, and broker services; asset management; liquidity management; capital markets, cash management, project finance, asset finance, and M&A services; and various financial services and solutions to public and private sector institutions, as well as distributes non-life and life risk insurance policies; and private banking services.