Barclays Lowers CaixaBank (OTCMKTS:CAIXY) to Hold

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

CaixaBank Stock Performance

Shares of OTCMKTS:CAIXY opened at $1.92 on Monday. CaixaBank has a 52 week low of $1.24 and a 52 week high of $2.36. The company’s fifty day moving average is $1.97 and its 200-day moving average is $1.86.

CaixaBank Company Profile

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.