Bankinter (OTCMKTS:BKNIY) Raised to “Moderate Buy” at Royal Bank of Canada

Royal Bank of Canada upgraded shares of Bankinter (OTCMKTS:BKNIY) to a moderate buy rating in a research note released on Thursday,Zacks.com reports.

Separately, Keefe, Bruyette & Woods cut Bankinter from a “hold” rating to a “moderate sell” rating in a research note on Friday, November 22nd.

Bankinter Price Performance

BKNIY opened at $8.45 on Thursday. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 1.52. The company has a market cap of $7.60 billion, a price-to-earnings ratio of 8.13 and a beta of 0.80. The stock has a fifty day simple moving average of $7.98 and a two-hundred day simple moving average of $8.32. Bankinter has a 12-month low of $5.81 and a 12-month high of $9.25.

Bankinter Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, December 12th. Shareholders of record on Tuesday, December 3rd were paid a dividend of $0.2514 per share. This is an increase from Bankinter’s previous dividend of $0.10. The ex-dividend date of this dividend was Tuesday, December 3rd. Bankinter’s payout ratio is currently 96.15%.

Bankinter Company Profile

Bankinter, SA provides various banking products and services to individuals and corporate customers, and small- and medium-sized enterprises in Spain. It offers payroll, pension, business, salary, non-salary, youth salary, current, currency, professional, basic, and management accounts; deposit products; and mortgages and loan products, as well as financing services.