Zacks Investment Research upgraded shares of Bankinter (OTCMKTS:BKNIY) from a hold rating to a buy rating in a report issued on Friday morning. They currently have $11.00 target price on the bank’s stock.

According to Zacks, “Bankinter is in the financial services industry. They are a banking entity subject to the supervision of the Bank of Spain and the Spanish National Securities Market Commission. Their products range from: Current Accounts, Term Deposits, Investment Funds, Pension Plans, Model Portfolios,Insurance Credit and Debit Cards, Assets (Mortgage and pledged loans) and Deposits of Securities. “

Shares of Bankinter (OTCMKTS BKNIY) opened at $10.15 on Friday. The company has a debt-to-equity ratio of 1.83, a quick ratio of 1.12 and a current ratio of 1.12. The company has a market cap of $8,898.77, a PE ratio of 17.81, a price-to-earnings-growth ratio of 3.26 and a beta of 1.30. Bankinter has a 52-week low of $7.66 and a 52-week high of $9.82.

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Bankinter Company Profile

Bankinter SA is a Spain-based financial institution (the Bank) primarily engaged in the banking sector. The Bank’s activities are divided into four business segments: Commercial banking, which offers current accounts, fixed-term deposits, investment management and advisory, as well as mortgage loans, among others, to individual customers; Corporate banking, which provides financial services to small and medium-sized companies, corporations and government bodies; Consumer finance, which focuses on personal loans and credit card services through Bankinter Consumer Finance EFC, and Other, which includes online savings accounts, among others.

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