Shares of CaixaBank, S.A. Unsponsored ADR (OTCMKTS:CAIXY – Get Free Report) were up 11.8% on Wednesday. The company traded as high as $4.96 and last traded at $4.75. Approximately 38,120 shares traded hands during trading, a decline of 91% from the average session volume of 418,062 shares. The stock had previously closed at $4.25.
Wall Street Analyst Weigh In
CAIXY has been the topic of a number of research reports. UBS Group raised CaixaBank from a “hold” rating to a “buy” rating in a research report on Wednesday, September 23rd. Keefe, Bruyette & Woods downgraded shares of CaixaBank from a “hold” rating to a “moderate sell” rating in a research report on Monday, August 17th. Citigroup restated a “buy” rating on shares of CaixaBank in a research note on Monday, October 5th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of CaixaBank in a report on Tuesday, August 4th. Three equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold”.
Get Our Latest Stock Report on CaixaBank
CaixaBank Price Performance
About CaixaBank
CaixaBank, SA is a Spanish financial services group that provides banking and related financial products to individuals, businesses, institutions and public-sector customers. Its services include current and savings accounts, consumer and residential lending, credit and debit cards, payment solutions, mortgages, corporate financing and investment banking.
The company also operates through businesses covering wealth management, asset management, insurance and pension products. CaixaBank distributes many of these services through a combination of branches, digital banking channels and specialized platforms, serving customers primarily in Spain and, through its Banco BPI subsidiary, in Portugal.
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