CaixaBank, S.A. Unsponsored ADR (OTCMKTS:CAIXY) Given Average Recommendation of “Hold” by Brokerages

CaixaBank, S.A. Unsponsored ADR (OTCMKTS:CAIXY) has received an average recommendation of “Hold” from the six ratings firms that are currently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and one has issued a buy recommendation on the company.

Several research analysts recently issued reports on CAIXY shares. The Goldman Sachs Group raised shares of CaixaBank from a “sell” rating to a “hold” rating in a report on Wednesday, September 24th. Deutsche Bank Aktiengesellschaft reissued a “sell” rating on shares of CaixaBank in a report on Friday, August 8th.

CaixaBank Stock Down 3.2%

OTCMKTS CAIXY opened at $3.36 on Monday. The company has a fifty day simple moving average of $3.38 and a two-hundred day simple moving average of $2.99. CaixaBank has a 12-month low of $1.71 and a 12-month high of $3.53.

About CaixaBank

CaixaBank, SA, together with its subsidiaries, provides various banking products and financial services in Spain and internationally. The company operates through Banking and Insurance, Equity Investments, and BPI segments. It also provides solutions related to security, protection, internationalization, and financing; traditional financial advice, independent advice, and broker services; asset management; liquidity management; capital markets, cash management, project finance, asset finance, and M&A services; and various financial services and solutions to public and private sector institutions, as well as distributes non-life and life risk insurance policies; and private banking services.