Bankinter (OTCMKTS:BKNIY) Raised to “Strong-Buy” at Jefferies Financial Group

Bankinter (OTCMKTS:BKNIY) was upgraded by research analysts at Jefferies Financial Group from a “hold” rating to a “strong-buy” rating in a research report issued on Monday, Zacks reports.

Separately, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Bankinter in a research report on Friday, July 24th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Bankinter has an average rating of “Moderate Buy”.

Bankinter Trading Up 2.8%

Shares of OTCMKTS BKNIY opened at $17.50 on Monday. The firm has a market cap of $15.73 billion, a PE ratio of 11.99 and a beta of -0.16. Bankinter has a 1-year low of $14.65 and a 1-year high of $20.07. The company has a fifty day moving average price of $18.72 and a 200 day moving average price of $17.68.

Bankinter (OTCMKTS:BKNIY) last released its quarterly earnings results on Thursday, October 22nd. The bank reported $0.38 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.38. Bankinter had a return on equity of 18.20% and a net margin of 24.27%. Equities research analysts forecast that Bankinter will post 1.52 EPS for the current year.

About Bankinter

Bankinter, SA is a Spanish financial institution headquartered in Madrid. The company provides banking and financial services to individuals, businesses, corporations and institutional clients, with activities spanning retail banking, corporate and investment banking, private banking, asset management and consumer finance.

Its products and services include current and savings accounts, loans and mortgages, credit cards, payment services, investment products, brokerage and wealth-management solutions.