CAIXABANK/ADR (OTCMKTS:CAIXY) Raised to “Buy” at HSBC

HSBC upgraded shares of CAIXABANK/ADR (OTCMKTS:CAIXY) from a hold rating to a buy rating in a research report released on Thursday, The Fly reports.

CAIXY has been the subject of a number of other reports. UBS Group restated a neutral rating on shares of CAIXABANK/ADR in a research note on Thursday, July 18th. Societe Generale cut CAIXABANK/ADR from a buy rating to a hold rating in a research note on Monday, July 29th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The company has an average rating of Hold.

Shares of OTCMKTS CAIXY opened at $0.74 on Thursday. CAIXABANK/ADR has a 1-year low of $0.70 and a 1-year high of $1.65. The business has a fifty day moving average price of $0.83 and a 200 day moving average price of $0.97.

CAIXABANK/ADR Company Profile

CaixaBank, SA, together with its subsidiaries, provides banking and financial products and services in Spain and internationally. The company operates through Banking and Insurance, and Non-Core Real Estate Activity segments. The Banking and Insurance segment engages in the banking business that include retail banking, corporate and institutional, and cash management, and market service activities; insurance business; and asset management business.

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Analyst Recommendations for CAIXABANK/ADR (OTCMKTS:CAIXY)

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