Bankinter SA (OTCMKTS:BKNIY) Receives Consensus Recommendation of “Hold” from Brokerages

Shares of Bankinter SA (OTCMKTS:BKNIY) have been given a consensus rating of “Hold” by the six brokerages that are presently covering the company, MarketBeat reports. Six investment analysts have rated the stock with a hold recommendation.

A number of equities analysts have recently commented on BKNIY shares. The Goldman Sachs Group started coverage on shares of Bankinter in a research note on Wednesday, September 24th. They set a “hold” rating for the company. Zacks Research cut Bankinter from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 23rd. Barclays upgraded Bankinter from a “strong sell” rating to a “hold” rating in a research note on Tuesday, October 21st. Finally, Deutsche Bank Aktiengesellschaft cut Bankinter from a “buy” rating to a “hold” rating in a research note on Friday, August 8th.

Bankinter Stock Up 1.3%

Shares of BKNIY opened at $16.22 on Friday. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 1.64. Bankinter has a twelve month low of $7.41 and a twelve month high of $16.47. The company has a 50 day moving average of $15.44 and a 200-day moving average of $14.21.

Bankinter (OTCMKTS:BKNIY) last announced its earnings results on Thursday, October 23rd. The bank reported $0.35 EPS for the quarter, topping the consensus estimate of $0.34 by $0.01. The business had revenue of $879.05 million during the quarter, compared to analysts’ expectations of $887.38 million. Bankinter had a net margin of 21.53% and a return on equity of 17.36%. On average, sell-side analysts predict that Bankinter will post 1 EPS for the current year.

About Bankinter

Bankinter, SA provides various banking products and services to individuals and corporate customers, and small- and medium-sized enterprises in Spain. It offers payroll, pension, business, salary, non-salary, youth salary, current, currency, professional, basic, and management accounts; deposit products; and mortgages and loan products, as well as financing services.