CaixaBank (OTCMKTS:CAIXY) Sets New 12-Month High – What’s Next?

Shares of CaixaBank, S.A. Unsponsored ADR (OTCMKTS:CAIXY) hit a new 52-week high on Monday . The stock traded as high as $3.75 and last traded at $3.7230, with a volume of 127688 shares trading hands. The stock had previously closed at $3.68.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the company. The Goldman Sachs Group raised CaixaBank from a “sell” rating to a “hold” rating in a report on Wednesday, September 24th. Royal Bank Of Canada reissued a “sector perform” rating on shares of CaixaBank in a research note on Monday, November 3rd. Finally, Deutsche Bank Aktiengesellschaft restated a “sell” rating on shares of CaixaBank in a research report on Friday, August 8th. One analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, CaixaBank has a consensus rating of “Hold”.

CaixaBank Stock Down 0.1%

The business has a fifty day moving average of $3.50 and a two-hundred day moving average of $3.22.

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.