CAIXABANK/ADR (OTCMKTS:CAIXY) Downgraded by HSBC to “Hold”
HSBC cut shares of CAIXABANK/ADR (OTCMKTS:CAIXY) from a buy rating to a hold rating in a research report released on Wednesday morning, Briefing.com Automated Import reports.
A number of other equities research analysts also recently commented on the stock. UBS Group reissued a neutral rating on shares of CAIXABANK/ADR in a research report on Thursday, July 18th. Societe Generale downgraded shares of CAIXABANK/ADR from a buy rating to a hold rating in a research report on Monday, July 29th.
Shares of OTCMKTS:CAIXY remained flat at $$0.93 during trading hours on Wednesday. 7,335 shares of the company’s stock were exchanged, compared to its average volume of 283,140. CAIXABANK/ADR has a 52 week low of $0.69 and a 52 week high of $1.44. The business’s 50-day moving average is $0.80 and its 200 day moving average is $0.90.
CaixaBank, SA, together with its subsidiaries, provides banking and financial products and services in Spain and internationally. The company operates through Banking and Insurance, and Non-Core Real Estate Activity segments. The Banking and Insurance segment engages in the banking business that include retail banking, corporate and institutional, and cash management, and market service activities; insurance business; and asset management business.
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