Bankinter, S.A. (OTCMKTS:BKNIY) Given Average Recommendation of “Hold” by Brokerages

Bankinter, S.A. (OTCMKTS:BKNIY – Get Rating) has been given an average rating of “Hold” by the eleven ratings firms that are covering the stock, Marketbeat.com reports. Three equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and one has issued a buy rating on the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $5.06.

A number of equities analysts recently issued reports on the company. Zacks Investment Research cut Bankinter from a “hold” rating to a “sell” rating in a report on Tuesday, April 26th. Barclays raised shares of Bankinter from an “underweight” rating to an “equal weight” rating in a research note on Tuesday, March 29th.

OTCMKTS:BKNIY opened at $5.93 on Monday. Bankinter has a 12 month low of $4.79 and a 12 month high of $9.67. The firm has a fifty day simple moving average of $5.73 and a two-hundred day simple moving average of $5.54.

The business also recently disclosed a dividend, which was paid on Monday, April 11th. Shareholders of record on Tuesday, March 29th were given a $0.0522 dividend. This is a positive change from Bankinter’s previous dividend of $0.05. The ex-dividend date of this dividend was Monday, March 28th. This represents a yield of 33.83%.

About Bankinter (Get Rating)

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

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