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CaixaBank (OTCMKTS:CAIXY) Reaches New 12-Month High - Time to Buy?

CaixaBank logo with Finance background

CaixaBank, S.A. Unsponsored ADR (OTCMKTS:CAIXY - Get Free Report)'s stock price hit a new 52-week high during trading on Wednesday . The company traded as high as $2.98 and last traded at $2.98, with a volume of 636 shares. The stock had previously closed at $2.93.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on CAIXY. Deutsche Bank Aktiengesellschaft reaffirmed a "sell" rating on shares of CaixaBank in a research note on Thursday, May 22nd. Citigroup reaffirmed a "buy" rating on shares of CaixaBank in a research note on Wednesday, May 14th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold".

View Our Latest Stock Report on CAIXY

CaixaBank Stock Down 0.8%

The stock's 50 day moving average price is $2.81 and its 200-day moving average price is $2.45.

About CaixaBank

(Get Free Report)

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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