Bankinter SA (BKNIY) Downgraded by Zacks Investment Research to “Hold”

Zacks Investment Research lowered shares of Bankinter SA (OTCMKTS:BKNIY) from a buy rating to a hold rating in a report released on Friday.

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. “

Separately, Goldman Sachs Group, Inc. (The) upgraded shares of Bankinter SA from a sell rating to a neutral rating in a research note on Wednesday, September 6th.

Shares of Bankinter SA (BKNIY) remained flat at $9.21 during trading on Friday. The stock has a market capitalization of $8.28 billion, a P/E ratio of 13.64 and a beta of 1.44. Bankinter SA has a 1-year low of $6.69 and a 1-year high of $9.82. The stock has a 50 day moving average of $9.54 and a 200 day moving average of $9.00.

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About Bankinter SA

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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