CaixaBank (OTCMKTS:CAIXY) Price Target Increased to €4.10 by Analysts at Berenberg Bank

CaixaBank (OTCMKTS:CAIXYGet Rating) had its target price upped by Berenberg Bank from €3.50 ($3.57) to €4.10 ($4.18) in a research report sent to investors on Wednesday morning, The Fly reports.

Several other equities research analysts have also commented on CAIXY. UBS Group cut their price target on shares of CaixaBank from €4.35 ($4.44) to €4.00 ($4.08) in a report on Tuesday, July 12th. JPMorgan Chase & Co. upped their target price on shares of CaixaBank from €3.05 ($3.11) to €3.10 ($3.16) in a report on Wednesday, September 7th. Finally, Morgan Stanley upped their target price on shares of CaixaBank from €4.20 ($4.29) to €4.50 ($4.59) and gave the stock an overweight rating in a report on Tuesday, June 28th. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of Moderate Buy and a consensus target price of $3.73.

CaixaBank Trading Up 3.8 %

CAIXY opened at $1.10 on Wednesday. The firm has a fifty day moving average price of $0.95 and a 200 day moving average price of $1.03. CaixaBank has a 1 year low of $0.79 and a 1 year high of $1.28.

CaixaBank Company Profile

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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.

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