Bankinter (OTCMKTS:BKIMF) Upgraded at Citigroup

Citigroup upgraded shares of Bankinter (OTCMKTS:BKIMFGet Rating) from a neutral rating to a buy rating in a report released on Wednesday morning, The Fly reports.

Several other analysts also recently weighed in on the stock. UBS Group boosted their price objective on shares of Bankinter from €6.70 ($6.91) to €6.80 ($7.01) and gave the stock a buy rating in a research report on Friday, July 22nd. JPMorgan Chase & Co. upgraded shares of Bankinter from an underweight rating to a neutral rating in a research report on Friday, April 22nd. Barclays upped their price target on shares of Bankinter from €5.50 ($5.67) to €5.60 ($5.77) and gave the company an equal weight rating in a research report on Friday, April 22nd. Finally, Morgan Stanley upped their price target on shares of Bankinter from €6.30 ($6.49) to €6.75 ($6.96) in a research report on Wednesday, June 29th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Bankinter has an average rating of Hold and an average price target of $5.74.

Bankinter Stock Performance

Shares of OTCMKTS:BKIMF opened at $5.00 on Wednesday. Bankinter has a twelve month low of $4.77 and a twelve month high of $6.61. The firm has a 50 day simple moving average of $5.76 and a 200-day simple moving average of $5.83.

About Bankinter

(Get Rating)

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

Further Reading

The Fly logo

Analyst Recommendations for Bankinter (OTCMKTS:BKIMF)

Receive News & Ratings for Bankinter Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bankinter and related companies with MarketBeat.com's FREE daily email newsletter.