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
Norbolsa Nagore Díez
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
Société Générale 22/06/2022 Buy € 3.80
Alantra 20/06/2022 Neutral € 3.80
Santander 20/06/2022 Outperform € 4.50
UBS 16/06/2022 Buy € 4.35
Norbolsa 15/06/2022 Comprar € 4.07
Banco Sabadell 14/06/2022 Comprar € 4.00
Renta 4 13/06/2022 Sobreponderar € 4.29
Exane BNP 09/06/2022 Outperform € 5.00
Autonomous 06/06/2022 Outperform € 4.55
Citigroup 31/05/2022 Buy € 3.70
Jefferies 25/05/2022 Hold € 3.65
Redburn 23/05/2022 Buy No TP
Mediobanca 23/05/2022 Underperform € 3.00
KBW 20/05/2022 Outperform € 4.30
Oddo BHF 19/05/2022 Neutral € 3.90
JP Morgan 19/05/2022 Neutral € 3.75
Credit Suisse 19/05/2022 Outperform € 3.90
JB Capital Markets 18/05/2022 Neutral € 3.80
HSBC 18/05/2022 Hold € 3.40
Morgan Stanley 17/05/2022 Overweight € 4.20
Deutsche Bank 17/05/2022 Hold € 3.30
Bankinter 17/05/2022 Comprar € 3.60
AlphaValue 17/05/2022 Reduce € 3.17
Berenberg 11/05/2022 Buy € 3.50
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 € 3.86 64% 28% 8%
6 months € 3.86 64% 28% 8%


Figures as of 23th June 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 6,147 6,427 6,756
Net fees and commissions 4,070 4,192 4,318
Income and exp. from insurance 819 858 897
Gross income 10,711 11,186 11,797
Recurring operating expenses -5,943 -5,889 -6,016
Pre-impairment income 4,741 5,297 5,780
Loan loss provisions -1,097 -1,225 -1,260
Net profit attributable to the Group 2,423 2,764 3,092


Figures as of 12th April 2022
Averages based on a minimum of 18 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.