Bankia (OTCMKTS:BNKXF) Receives Equal Weight Rating from Morgan Stanley

Morgan Stanley reiterated their equal weight rating on shares of Bankia (OTCMKTS:BNKXF) in a research note released on Wednesday, The Fly reports.

Other equities research analysts have also recently issued reports about the company. Citigroup upgraded Bankia from a neutral rating to a buy rating in a research note on Tuesday, April 14th. UBS Group restated a neutral rating on shares of Bankia in a research note on Thursday, June 4th. Jefferies Financial Group upgraded Bankia from an underperform rating to a buy rating in a research note on Friday, April 3rd. JPMorgan Chase & Co. restated an underweight rating on shares of Bankia in a research note on Thursday, May 7th. Finally, Societe Generale upgraded Bankia from a sell rating to a hold rating in a research note on Thursday, April 30th. Three investment analysts have rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the company. The stock currently has an average rating of Hold.

Bankia stock opened at $1.23 on Wednesday. The stock has a 50-day moving average of $1.13 and a two-hundred day moving average of $1.30. Bankia has a one year low of $0.82 and a one year high of $2.15.

Bankia Company Profile

Bankia, SA, together with its subsidiaries, provides various banking and financial products and services in Spain and internationally. The company operates through Retail Banking and Business Banking segments. It provides retail banking products, such as salary direct deposits, mortgages, term deposits, credit cards, insurance, investment and pension funds, and other asset management services.

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