CaixaBank (CAIXY) Expected to Post Earnings on Friday

CaixaBank (OTCMKTS:CAIXY) is projected to issue its results before the market opens on Friday, October 30th. Analysts expect CaixaBank to post earnings of $0.0873 per share and revenue of $4.87 billion for the quarter.

CaixaBank Stock Down 0.5%

CAIXY opened at $4.20 on Thursday. CaixaBank has a fifty-two week low of $3.35 and a fifty-two week high of $5.21. The company has a fifty day moving average of $4.74 and a two-hundred day moving average of $4.43.

Analysts Set New Price Targets

Several research firms have recently issued reports on CAIXY. UBS Group raised shares of CaixaBank from a “hold” rating to a “buy” rating in a research note on Wednesday, September 23rd. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of CaixaBank in a research note on Tuesday, August 4th. Keefe, Bruyette & Woods lowered CaixaBank from a “hold” rating to a “moderate sell” rating in a research note on Monday, August 17th. Finally, Citigroup reaffirmed a “buy” rating on shares of CaixaBank in a report on Monday, October 5th. Three analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold”.

About CaixaBank

CaixaBank, SA is a Spanish financial services group that provides banking and related financial products to individuals, businesses, institutions and public-sector customers. Its services include current and savings accounts, consumer and residential lending, credit and debit cards, payment solutions, mortgages, corporate financing and investment banking.

The company also operates through businesses covering wealth management, asset management, insurance and pension products. CaixaBank distributes many of these services through a combination of branches, digital banking channels and specialized platforms, serving customers primarily in Spain and, through its Banco BPI subsidiary, in Portugal.