Zacks Investment Research downgraded shares of Bankinter SA (OTCMKTS:BKNIY) from a buy rating to a hold rating in a report published on Friday morning.

According to Zacks, “Bankinter is in the financial services industry. They are a banking entity subject to the supervision of the Bank of Spain and the Spanish National Securities Market Commission. Their products range from: Current Accounts, Term Deposits, Investment Funds, Pension Plans, Model Portfolios,Insurance Credit and Debit Cards, Assets (Mortgage and pledged loans) and Deposits of Securities. “

Shares of Bankinter SA (BKNIY) opened at 9.44 on Friday. Bankinter SA has a 1-year low of $6.69 and a 1-year high of $9.82. The stock has a market capitalization of $8.49 billion, a P/E ratio of 16.39 and a beta of 1.44. The stock has a 50 day moving average of $9.57 and a 200-day moving average of $8.79.

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Bankinter SA Company Profile

Bankinter SA is a Spain-based financial institution (the Bank) primarily engaged in the banking sector. The Bank’s activities are divided into four business segments: Commercial banking, which offers current accounts, fixed-term deposits, investment management and advisory, as well as mortgage loans, among others, to individual customers; Corporate banking, which provides financial services to small and medium-sized companies, corporations and government bodies; Consumer finance, which focuses on personal loans and credit card services through Bankinter Consumer Finance EFC, and Other, which includes online savings accounts, among others.

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