CaixaBank, S.A. Unsponsored ADR (OTCMKTS:CAIXY – Get Free Report) has received a consensus recommendation of “Hold” from the six ratings firms that are covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and two have given a buy recommendation to the company.
Several equities analysts recently issued reports on CAIXY shares. Keefe, Bruyette & Woods lowered shares of CaixaBank from a “hold” rating to a “moderate sell” rating in a report on Monday, August 17th. Citigroup reiterated a “buy” rating on shares of CaixaBank in a report on Thursday, July 9th. Royal Bank Of Canada reissued a “sector perform” rating on shares of CaixaBank in a research report on Friday, May 1st. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of CaixaBank in a research note on Tuesday, August 4th.
View Our Latest Report on CAIXY
CaixaBank Stock Down 0.6%
About CaixaBank
CaixaBank (OTCMKTS: CAIXY) is a major Spanish banking group that provides a broad range of financial products and services to retail, corporate and institutional clients. The company’s operations encompass traditional banking activities such as deposit-taking, consumer and mortgage lending, payment and card services, and corporate banking, alongside wealth management, private banking, insurance and asset-management businesses. CaixaBank also offers investment-banking-related services and specialized financing solutions including leasing, factoring and trade finance through its group structure and subsidiaries.
The bank traces its origins to the Catalan savings bank “la Caixa” and has evolved into a commercial banking group through organic growth and strategic acquisitions.
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