Keefe, Bruyette & Woods Downgrades CaixaBank (OTCMKTS:CAIXY) to Hold

CaixaBank (OTCMKTS:CAIXY) was downgraded by analysts at Keefe, Bruyette & Woods from a “moderate buy” rating to a “hold” rating in a research note issued on Monday,Zacks.com reports.

Separately, Royal Bank of Canada raised shares of CaixaBank to a “hold” rating in a report on Wednesday, January 15th.

CaixaBank Trading Up 4.1 %

Shares of CaixaBank stock opened at $2.31 on Monday. CaixaBank has a 1 year low of $1.45 and a 1 year high of $2.75. The company has a 50 day simple moving average of $1.97 and a two-hundred day simple moving average of $1.96.

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.