Bankinter SA (BKNIY) Upgraded by Zacks Investment Research to Buy

Zacks Investment Research upgraded shares of Bankinter SA (OTCMKTS:BKNIY) from a hold rating to a buy rating in a research report report published on Thursday morning. They currently have $10.00 price target on the bank’s stock.

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. “

Bankinter SA (OTCMKTS:BKNIY) traded up 2.69% during trading on Thursday, hitting $9.16. The stock had a trading volume of 100 shares. Bankinter SA has a 52 week low of $5.94 and a 52 week high of $9.16. The company has a 50-day moving average of $8.66 and a 200 day moving average of $8.04. The company has a market cap of $8.23 billion, a price-to-earnings ratio of 14.94 and a beta of 1.59.

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Bankinter SA Company Profile

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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