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
Barclays Fernando Gil de Santivañes
Berenberg Michael Christodoulou
Bestinver Securities Mario Ropero
BoAML Marta Sánchez
Carraighill Tony O'Sullivan
Citigroup Stefan Nedialkov
Credit Suisse Adrian Cighi
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
Norbolsa Nagore Díez
Oddo BHF Steven Gould
Redburn Gonzalo López
Renta 4 Nuria Álvarez
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
Citigroup 18/10/2021 Neutral 2.85€
Barclays 18/10/2021 Overweight 3.50€
Société Générale 18/10/2021 Buy 3.30€
GVC Gaesco Beka 15/10/2021 Acumular 3.00€
Deutsche Bank 15/10/2021 Hold 2.90€
JB Capital Markets 15/10/2021 Buy 3.70€
Mediobanca 14/10/2021 Neutral 3.10€
Exane BNP 13/10/2021 Outperform 3.40€
KBW 13/10/2021 Outperform 3.73€
Alantra 13/10/2021 Neutral 3.05€
Autonomous 12/10/2021 Outperform 3.53€
UBS 11/10/2021 Neutral 2.85€
Morgan Stanley 11/10/2021 Overweight 3.25€
Oddo BHF 01/10/2021 Outperform 3.30€
Jefferies 16/09/2021 Buy 3.50€
Credit Suisse 15/09/2021 Neutral 2.70€
JP Morgan 17/08/2021 Neutral 2.95€
AlphaValue 06/08/2021 Add 2.90€
Bankinter 03/08/2021 Comprar 3.35€
Bestinver Securities 02/08/2021 Buy 3.35€
HSBC 02/08/2021 Neutral 2.70 €
Redburn 30/07/2021 Buy Sin PO
Banco Sabadell 30/07/2021 Comprar 3.50€
BoAML 28/07/2021 Underperform 2.10€
Norbolsa 25/05/2021 Mantener 3.06€


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 3.15€ 63% 33% 4%
6 months 3.15€ 60% 36% 4%


Figures as of 20th October 2021

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 3Q21e

 

In €M 3Q21e
Net interest income 1,607
Net fees and commissions 974
Income and exp. from insurance 165
Gross income 2,846
Recurring operating expenses -1,584
Pre-impairment income 1,192
Loan loss provisions -338
Net profit attributable to the Group 570
Net profit attributable to the Group (ex-M&A impacts) 624


Figures as of 13th October 2021
Averages based on a minimum of 18 analysts' estimates

CaixaBank Group consensus estimates for 2021-23e 

 

In €M 2021e 2022e 2023e
Net interest income 6,046 6,435 6,448
Net fees and commissions 3,630 4,054 4,196
Income and exp. from insurance 658 735 762
Gross income 10,296 11,150 11,345
Recurring operating expenses -5,900 -5,729 -5,631
Pre-impairment income 2,232 5,322 5,712
Loan loss provisions -1,211 -1,486 -1,383
Net profit attributable to the Group 5,072 2,634 3,013
Net profit attributable to the Group (ex-M&A impacts) 2,153 2,733  


Figures as of 13th October 2021
Averages based on a minimum of 15 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.