Citi analyst Borja Ramirez Segura maintained a Buy rating on Bankinter (0H7O – Research Report) on November 28 and set a price target of €9.00. The company’s shares closed yesterday at €7.43.
According to TipRanks, Ramirez Segura is ranked #577 out of 9192 analysts.
Currently, the analyst consensus on Bankinter is a Hold with an average price target of €8.11.
The company has a one-year high of €8.30 and a one-year low of €5.50. Currently, Bankinter has an average volume of 453.3K.
Based on the recent corporate insider activity of 43 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of 0H7O in relation to earlier this year.
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Bankinter (0H7O) Company Description:
Bankinter SA is a bank operating primarily in Spain. Its services include financial planning, asset management, retail banking, corporate banking, treasury, and international banking. Customer loans constitute the overwhelming majority of earning assets on the balance sheet. The bank’s strategy emphasizes innovation, as well as both organic and acquisitive growth, including international expansion beginning with Portugal. Bankinter’s stated purpose for this expansion is to diversify its revenue base away from traditional spread lending and toward fee and commission income from private banking and asset management. To this end, the company has also placed an increasingly greater emphasis on corporate banking and higher-margin consumer finance.
