Analysts

To the best of our knowledge, the following brokerage houses provide equity coverage on CaixaBank on a regular basis.

Institution Analyst
Alantra Francisco Riquel
AlphaValue David Grinsztajn
Autonomous Britta Schmidt
Banco Sabadell Esther Castro
Bankinter Rafael Alonso
Berenberg Michael Christodoulou
Carraighill Seamus Murphy
Citigroup Borja Ramírez
Credit Suisse Pamela Zuluaga
Deutsche Bank Alfredo Alonso
Exane BNP Ignacio Ulargui
GVC Gaesco Beka Marisa Mazo
HSBC Domenico Santoro
JB Capital Markets Maksym Mishyn
Jefferies Benjie Creelan-Sandford
JP Morgan Sofie Peterzens
KBW Daragh Quinn
Mediobanca Andrea Filtri
Morgan Stanley Álvaro Serrano
Oddo BHF Steven Gould
Redburn Gonzalo López
Renta 4 Nuria Álvarez
Santander Ignacio Méndez / Patrick Lee
Société Générale Carlos Cobo
UBS Ignacio Cerezo

The information below details the institutions that have published a report with a target price and recommendation for CaixaBank in the last 6 months.

Institution Date Recommendation  Target price
UBS 21/09/2022 Buy € 4.45
JB Capital Markets 20/09/2022 Neutral € 4.00
Citigroup 20/09/2022 Buy € 3.85
Morgan Stanley 15/09/2022 Overweight € 5.00
Jefferies 13/09/2022 Hold € 3.40
Berenberg 12/09/2022 Buy € 4.10
KBW 07/09/2022 Outperform € 4.74
JP Morgan 06/09/2022 Neutral € 3.10
Deutsche Bank 05/09/2022 Hold € 3.45
Alantra 01/09/2022 Buy € 3.80
Exane BNP 01/09/2022 Outperform € 4.60
Redburn 10/08/2022 Buy No TP
Autonomous 08/08/2022 Outperform € 3.95
Bankinter 04/08/2022 Comprar € 3.70
HSBC 03/08/2022 Hold € 3.30
Oddo BHF 03/08/2022 Neutral € 4.20
Santander 02/08/2022 Outperform € 4.40
Mediobanca 01/08/2022 Underperform € 2.90
Credit Suisse 01/08/2022 Outperform € 3.90
Banco Sabadell 29/07/2022 Comprar € 4.00
Société Générale 29/07/2022 Buy € 3.80
AlphaValue 29/07/2022 Reduce € 3.12
Renta 4 29/07/2022 Sobreponderar € 4.29
GVC Gaesco Beka 29/04/2022 Acumular € 3.00


Average target price (A.T.P.) and percentage of recommendation (buy, sell or hold) considering reports published within the last 3 months / 6 months.

A.T.P. % Buy % Neutral % Sell
3 months € 3.91 65% 26% 9%
6 months € 3.87 67% 25% 8%


Figures as of 22nd September 2022

Disclaimer: All opinions, estimates, forecasts, data, and recommendations regarding the performance of CaixaBank made by analysts in the reports listed herein are theirs alone. Neither CaixaBank nor its managers have verified or tested the content of these reports.

The inclusion of these reports on CaixaBank corporate website does not imply the endorsement by the company or its constituent administrators of the content, conclusions or recommendations contained therein. The list of research reports included in this section no way represents a complete or updated collection and its publication and should not be interpreted as a request or recommendation to buy, sell or hold CaixaBank securities.

CaixaBank Group consensus estimates for 2022-24e

 

In €M 2022e 2023e 2024e
Net interest income 6,202 7,072 7,652
Net fees and commissions 4,007 4,120 4,249
Income and exp. from insurance 825 901 976
Gross income 10,741 11,759 12,739
Recurring operating expenses -5,988 -6,050 -6,273
Pre-impairment income 4,726 5,711 6,467
Loan loss provisions -1,003 -1,314 -1,390
Net profit attributable to the Group 2,526 3,029 3,519


Figures as of 13th July 2022
Averages based on a minimum of 13 analysts' estimates

1. Consensus based on the compilation of estimates provided by analysts covering CaixaBank’s shares. Contributions from different sets of analysts may lead to estimates that differ from consensus figures published by other financial information providers.


2. Consensus estimates will be published provided the number of analysts contributing to its calculation is higher than 50% of the total number of analysts covering CaixaBank’s shares.


3. CaixaBank makes no warranty, express or implied, as to the accuracy or completeness of the referred information. The achievement of these estimates is in no way warranted by CaixaBank.


4. These estimates, which are not subject to the obligation to disclose information required by the Comisión Nacional del Mercado de Valores (CNMV), are provided as a courtesy and for possible convenience and informational purposes only. They are not intended to imply any endorsement or provide any investment advice.


5. CaixaBank shall have no liability whatsoever (in negligence or otherwise) for any damage or loss howsoever arising from any use of this information.


6. Please note that all estimates correspond to CaixaBank Group.