CaixaBank (OTCMKTS:CAIXY – Get Free Report) will likely be releasing its results before the market opens on Friday, October 30th. Analysts expect the company to announce earnings of $0.0873 per share and revenue of $4.87 billion for the quarter.
CaixaBank Price Performance
CAIXY stock opened at $4.22 on Wednesday. The firm has a fifty day moving average price of $4.76 and a 200 day moving average price of $4.43. CaixaBank has a fifty-two week low of $3.35 and a fifty-two week high of $5.21.
Analysts Set New Price Targets
Several equities analysts have commented on the stock. Citigroup reiterated a “buy” rating on shares of CaixaBank in a research report on Monday, October 5th. Keefe, Bruyette & Woods downgraded shares of CaixaBank from a “hold” rating to a “moderate sell” rating in a report on Monday, August 17th. UBS Group upgraded shares of CaixaBank from a “hold” rating to a “buy” rating in a research report on Wednesday, September 23rd. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of CaixaBank in a report on Tuesday, August 4th. Three research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, CaixaBank currently has a consensus rating of “Hold”.
Read Our Latest Research Report on CaixaBank
About CaixaBank
CaixaBank, SA is a Spanish financial services group that provides banking and related financial products to individuals, businesses, institutions and public-sector customers. Its services include current and savings accounts, consumer and residential lending, credit and debit cards, payment solutions, mortgages, corporate financing and investment banking.
The company also operates through businesses covering wealth management, asset management, insurance and pension products. CaixaBank distributes many of these services through a combination of branches, digital banking channels and specialized platforms, serving customers primarily in Spain and, through its Banco BPI subsidiary, in Portugal.
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