Bankinter SA (BKNIY) Rating 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 research report issued to clients and investors on Wednesday.
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 note on Wednesday, September 6th.
Bankinter SA (OTCMKTS:BKNIY) remained flat at $9.29 during trading on Wednesday. The stock had a trading volume of 8,796 shares. The stock has a market capitalization of $8.35 billion, a P/E ratio of 15.99 and a beta of 1.36. Bankinter SA has a 1-year low of $7.40 and a 1-year high of $9.82. The firm’s 50 day moving average price is $9.32 and its 200-day moving average price is $9.13.
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About Bankinter SA
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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