CaixaBank, S.A. Unsponsored ADR (CAIXY) – What Are Investment Firms Thinking About This Stock?

CaixaBank, S.A. Unsponsored ADR (OTCMKTS:CAIXY) has been given a consensus rating of “Hold” by the six brokerages that are presently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company.

A number of equities analysts have issued reports on CAIXY shares. UBS Group upgraded CaixaBank from a “hold” rating to a “buy” rating in a report on Wednesday, September 23rd. Keefe, Bruyette & Woods lowered shares of CaixaBank from a “hold” rating to a “moderate sell” rating in a research note on Monday, August 17th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of CaixaBank in a research note on Tuesday, August 4th. Finally, Citigroup reiterated a “buy” rating on shares of CaixaBank in a research report on Monday, October 5th.

CaixaBank Stock Performance

Shares of CAIXY stock opened at $4.33 on Monday. The stock has a 50 day simple moving average of $4.64 and a two-hundred day simple moving average of $4.44. CaixaBank has a fifty-two week low of $3.41 and a fifty-two week 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.