CaixaBank (OTCMKTS:CAIXY) Downgraded by Barclays to “Hold”

Barclays downgraded shares of CaixaBank (OTCMKTS:CAIXY) from a strong-buy rating to a hold rating in a research note released on Monday morning, Zacks.com reports.

CaixaBank Stock Performance

OTCMKTS CAIXY opened at $1.96 on Monday. The company has a 50-day simple moving average of $1.96 and a two-hundred day simple moving average of $1.86. CaixaBank has a 12-month low of $1.23 and a 12-month high of $2.36.

About CaixaBank

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.