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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) shares hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $2.94 and last traded at $2.94, with a volume of 35941 shares. The stock had previously closed at $2.88.

Wall Street Analyst Weigh In

CAIXY has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft reaffirmed a "sell" rating on shares of CaixaBank in a research note on Thursday, May 22nd. Citigroup restated a "buy" rating on shares of CaixaBank in a research report on Wednesday, May 14th. One analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Hold".

Check Out Our Latest Stock Report on CaixaBank

CaixaBank Stock Up 2.1%

The company has a 50 day simple moving average of $2.76 and a 200-day simple moving average of $2.39.

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.

Further Reading

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