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 María Paz Ojeda
Bankinter Rafael Alonso
Barclays Cecilia Romero
Berenberg Michael Christodoulou
Bestinver Fernando Gil de Santivañes
Bloomberg Lento Tang
BofA Antonio Reale
Carraighill Seamus Murphy
Citigroup Marta Sánchez Romero
Deutsche Bank Alfredo Alonso
Exane BNP Ignacio Ulargui
GVC Gaesco Beka Marisa Mazo
Goldman Sachs Chris Hallam
HSBC Domenico Santoro
JB Capital Markets Maksym Mishyn
Jefferies Benjie Creelan-Sandford
JP Morgan Sofie Peterzens
KBW Hugo Cruz
Kepler Jacques-Henry Gaulard
Mediobanca Andrea Filtri
Morgan Stanley Álvaro Serrano
Norbolsa Ane Roa
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
Deutsche Bank 26/02/2024 Hold € 5.00
BofA 23/02/2024 Buy € 5.50
Bankinter 20/02/2024 Comprar € 5.50
Kepler Cheuvreux 19/02/2024 Hold € 4.00
Société Générale 09/02/2024 Buy € 5.70
JB Capital Markets 06/02/2024 Buy € 6.40
JP Morgan 06/02/2024 Neutral € 5.20
Oddo BHF 05/02/2024 Outperform € 5.90
HSBC 05/02/2024 Hold € 4.30
Bestinver Securities 05/02/2024 Buy € 5.00
Autonomous 05/02/2024 Neutral € 4.96
Barclays 05/02/2024 Overweight € 5.50
Mediobanca 05/02/2024 Underperform € 4.20
UBS 05/02/2024 Buy € 5.60
Renta 4 02/02/2024 Mantener  € 4.68
Morgan Stanley 02/02/2024 Overweight € 5.50
Goldman Sachs 02/02/2024 Neutral € 5.00
BNP Paribas 02/02/2024 Buy € 6.00
Alantra 02/02/2024 Buy € 4.80
AlphaValue 02/02/2024 Add € 5.41
Banco Sabadell 26/01/2024 Comprar € 5.00
KBW 18/01/2024 Outperform € 5.89
Redburn 17/01/2024 Buy € 5.00
Citigroup 11/01/2024 Buy € 5.90
Berenberg 11/01/2024 Buy € 5.20
Santander 09/01/2024 Outperform € 5.09
Norbolsa 20/12/2023 Buy € 4.76
GVC Gaesco Beka 24/10/2023 Acumular € 4.70


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 € 5.22 70% 26% 4%
6 months € 5.20 71% 25% 4%


Figures as of 27th February 2024

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 2024-25e

 

In €M 2024e 2025e
Net interest income 10,099 9,384
Net fees and commissions 3,704 3,806
Insurance Service result 1,167 1,239
Gross income 14,598 14,189
Recurring operating expenses -6,155 -6,327
Pre-impairment income 8,482 7,857
Loan loss provisions -1,283 -1,306
Net profit attributable to the Group 4,833 4,422


Figures as of 17 January 2024 with previews estimated by analysts
Averages based on a minimum of 19 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.