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

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

CAIXY has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of CaixaBank in a research note on Tuesday, August 4th. Keefe, Bruyette & Woods downgraded CaixaBank from a “hold” rating to a “moderate sell” rating in a report on Monday, August 17th. Finally, Citigroup reaffirmed a “buy” rating on shares of CaixaBank in a research report on Thursday, July 9th.

CaixaBank Stock Down 0.4%

CaixaBank stock opened at $4.93 on Friday. CaixaBank has a fifty-two week low of $3.31 and a fifty-two week high of $5.21. The stock’s 50 day simple moving average is $4.93 and its two-hundred day simple moving average is $4.48.

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.