CaixaBank (OTCMKTS:CAIXY) Upgraded by Royal Bank of Canada to Hold Rating

CaixaBank (OTCMKTS:CAIXY) was upgraded by investment analysts at Royal Bank of Canada to a “hold” rating in a note issued to investors on Wednesday,Zacks.com reports.

Separately, Barclays cut shares of CaixaBank from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 21st.

CaixaBank Stock Down 3.6 %

CaixaBank stock opened at $1.88 on Wednesday. CaixaBank has a 12-month low of $1.33 and a 12-month high of $2.75. The stock has a 50-day simple moving average of $1.84 and a 200 day simple moving average of $1.91.

CaixaBank Company Profile

CaixaBank, SA, together with its subsidiaries, provides various banking products and financial services in Spain and internationally. The company operates through Banking and Insurance, Equity Investments, and BPI segments. It also provides solutions related to security, protection, internationalization, and financing; traditional financial advice, independent advice, and broker services; asset management; liquidity management; capital markets, cash management, project finance, asset finance, and M&A services; and various financial services and solutions to public and private sector institutions, as well as distributes non-life and life risk insurance policies; and private banking services.