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 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
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
Credit Suisse 20/01/2022 Neutral 2.60€
Deutsche Bank 20/01/2022 Hold 2.90€
Jefferies 19/01/2022 Buy 3.50€
Citigroup 19/01/2022 Neutral 3.00€
Alantra 18/01/2022 Hold 2.80€
KBW 17/01/2022 Outperform 3.40€
Mediobanca 17/01/2022 Neutral 3.10€
JB Capital Markets 17/01/2022 Buy 3.50€
UBS 17/01/2022 Neutral 2.80€
HSBC 17/01/2022 Hold 3.00€
Autonomous 12/01/2022 Outperform 3.33€
Barclays 11/01/2022 Overweight 3.20€
Morgan Stanley 10/01/2022 Outperform 3.30€
KBW 07/01/2022 Outperform 3.40€
AlphaValue 04/01/2022 Buy 2.93€
Norbolsa 23/12/2021 Mantener 2.80€
Redburn 16/12/2021 Buy No TP
JP Morgan 13/12/2021 Neutral 2.75€
Bestinver Securities 09/12/2021 Buy 3.25€
Berenberg 22/11/2021 Hold 2.45€
Bankinter 03/11/2021 Comprar 3.18€
Société Générale 03/11/2021 Buy 3.30€
Oddo BHF 01/11/2021 Outperform 3.40€
Exane BNP 30/10/2021 Outperform 3.40€
Banco Sabadell 29/10/2021 Comprar 3.50€
GVC Gaesco Beka 29/10/2021 Acumular 3.00€
BoAML 28/07/2021 Underperform 2.10€


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 3.10€ 60% 40% 0%
6 months 3.06€ 58% 38% 4%


Figures as of 20th January 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 4Q21e

 

In €M 4Q21e
Net interest income 1,571
Net fees and commissions 996
Income and exp. from insurance 171
Gross income 2,448
Recurring operating expenses -1,580
Pre-impairment income 813
Loan loss provisions -330
Net profit attributable to the Group 510


Figures as of 12th January 2022
Averages based on a minimun of 20 analysts' estimates

CaixaBank Group consensus estimates for 2021-23e 

 

In €M 2021e 2022e 2023e
Net interest income 5,987 6,201 6,234
Net fees and commissions 3,600 4,052 4,195
Income and exp. from insurance 651 746 781
Gross income 10,159 10,767 10,975
Recurring operating expenses -5,935 -5,822 -5,745
Pre-impairment income 2,150 4,790 5,246
Loan loss provisions -824 -1,197 -1,215
Net profit attributable to the Group 5,317 2,416 2,749


Figures as of 12th January 2022
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.