Bankinter SA (BKNIY) Lowered to “Hold” at Zacks Investment Research
Bankinter SA (OTCMKTS:BKNIY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a note issued to investors on Friday.
According to Zacks, “Bankinter is in the financial services industry. They are a banking entity subject to the supervision of the Bank of Spain and the Spanish National Securities Market Commission. Their products range from: Current Accounts, Term Deposits, Investment Funds, Pension Plans, Model Portfolios,Insurance Credit and Debit Cards, Assets (Mortgage and pledged loans) and Deposits of Securities. “
Separately, Goldman Sachs Group, Inc. (The) raised Bankinter SA from a “sell” rating to a “neutral” rating in a research report on Wednesday, September 6th.
Bankinter SA (OTCMKTS:BKNIY) remained flat at $9.21 during mid-day trading on Friday. The company’s 50 day moving average price is $9.58 and its 200 day moving average price is $8.96. The stock has a market capitalization of $8.28 billion, a PE ratio of 13.71 and a beta of 1.44. Bankinter SA has a 52-week low of $6.69 and a 52-week high of $9.82.
Bankinter SA Company Profile
Bankinter SA is a Spain-based financial institution (the Bank) primarily engaged in the banking sector. The Bank’s activities are divided into four business segments: Commercial banking, which offers current accounts, fixed-term deposits, investment management and advisory, as well as mortgage loans, among others, to individual customers; Corporate banking, which provides financial services to small and medium-sized companies, corporations and government bodies; Consumer finance, which focuses on personal loans and credit card services through Bankinter Consumer Finance EFC, and Other, which includes online savings accounts, among others.
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