Bankinter, S.A. (OTCMKTS:BKNIY) Receives Consensus Recommendation of “Hold” from Analysts

Shares of Bankinter, S.A. (OTCMKTS:BKNIYGet Rating) have been assigned a consensus recommendation of “Hold” from the eleven research firms that are covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and two have given a buy rating to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $5.97.

BKNIY has been the topic of a number of analyst reports. Zacks Investment Research raised shares of Bankinter from a “hold” rating to a “buy” rating and set a $6.75 price objective on the stock in a report on Monday. Barclays raised shares of Bankinter from an “underweight” rating to an “equal weight” rating in a report on Tuesday, March 29th. Finally, JPMorgan Chase & Co. boosted their price objective on Bankinter from €5.50 ($5.85) to €6.10 ($6.49) and gave the company a “neutral” rating in a research note on Thursday, May 19th.

OTCMKTS BKNIY traded up $0.24 during mid-day trading on Friday, hitting $6.50. The company’s stock had a trading volume of 4,096 shares, compared to its average volume of 38,793. The company’s 50 day simple moving average is $5.85 and its 200 day simple moving average is $5.57. Bankinter has a twelve month low of $4.79 and a twelve month high of $6.50. The company has a debt-to-equity ratio of 1.54, a quick ratio of 1.04 and a current ratio of 1.04.

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

Bankinter Company Profile (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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Analyst Recommendations for Bankinter (OTCMKTS:BKNIY)

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