Analysts at RBC Capital Give CaixaBank SA (CAIXY) a Downgrade

February 15, 2018 - By Vivian Currie

 Analysts at RBC Capital Give CaixaBank SA (CAIXY) a Downgrade

CaixaBank SA (CAIXY) Receives a Downgrade

The rating of CaixaBank SA (CAIXY) was downgraded today by research professionals at RBC Capital to a Sell rating in analysts report.

The stock increased 0.61% or $0.01 during the last trading session, reaching $1.66. About 2,894 shares traded. CaixaBank, S.A. (CAIXY) has 0.00% since February 15, 2017 and is . It has underperformed by 16.70% the S&P500.

CaixaBank, S.A. provides banking and financial services and products for individuals and businesses in Spain and internationally. The company has market cap of $28.31 billion. The firm operates through three divisions: Banking and insurance, Non-Core Real Estate Activity, and Investments. It has a 14.37 P/E ratio. It offers current and savings accounts, other demand deposits, and time deposits; and mortgage, home, real estate development, corporate, project finance bridge, consumer, term, commercial, and other loans; credit, debit, and prepaid cards; and online and mobile banking services.

More notable recent CaixaBank, S.A. (OTCMKTS:CAIXY) news were published by: Marketwatch.com which released: “CaixaBank SA” on October 02, 2017, also Ft.com with their article: “Catalonia crisis led to deposit outflows in CaixaBank” published on October 24, 2017, Ft.com published: “CaixaBank to move legal headquarters out of Catalonia after referendum” on October 06, 2017. More interesting news about CaixaBank, S.A. (OTCMKTS:CAIXY) were released by: Marketwatch.com and their article: “CaixaBank 2017 profit jumps post-BPI deal” published on February 02, 2018 as well as Reuters.com‘s news article titled: “UPDATE 2-Caixabank, Sabadell weather Catalan upheaval, income pressured” with publication date: February 02, 2018.

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