CaixaBank (OTCMKTS:CAIXY) Downgraded by Barclays

CaixaBank (OTCMKTS:CAIXY) was downgraded by equities researchers at Barclays from a “strong-buy” rating to a “hold” rating in a report released on Monday, Zacks.com reports.

CaixaBank Price Performance

CAIXY opened at $1.96 on Monday. The business’s fifty day simple moving average is $1.96 and its 200-day simple moving average is $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.