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
Goldman Sachs Jernej Omahen
GVC Gaesco Beka Marisa Mazo
HSBC Domenico Santoro
JB Capital Markets Maksym Mishyn
Jefferies Benjie Creelan-Sandford
JP Morgan Sofie Peterzens
KBW Daragh Quinn
Kepler Mariano Miguel
Mediobanca Andrea Filtri
Morgan Stanley Álvaro Serrano
Norbolsa Nagore Díez
Oddo BHF Steven Gould
Redburn Gonzalo López
Renta 4 Nuria Álvarez
Santander José Coll
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
Berenberg 04/03/2021 Hold 2.45€
Barclays 04/03/2021 Overweight 2.70€
HSBC 03/03/2021 Hold 2.30€
Credit Suisse 01/03/2021 Outperform 2.70€
Goldman Sachs 01/03/2021 Neutral 2.25€
JB Capital Markets 01/03/2021 Buy 3.20€
Autonomous 26/02/2021 Outperform 2.78€
JP Morgan 19/02/2021 Neutral 2.65€
Renta 4 17/02/2021 Hold 2.08€
KBW 11/02/2021 Buy 3.09€
Kepler Cheuvreux 09/02/2021 Hold 2.38€
Oddo BHF 02/02/2021 Outperform 2.55€
Jefferies 02/02/2021 Buy 2.90€
Citigroup 01/02/2021 Neutral 2.30€
Société Générale 01/02/2021 Buy 2.75€
Mediobanca 01/02/2021 Neutral 2.40€
UBS 01/02/2021 Neutral 2.35€
Alantra 01/02/2021 Buy 2.90€
Exane BNP 30/01/2021 Outperform 2.90€
Alpha Value 29/01/2021 Buy 2.41€
Bestinver Securities 29/01/2021 Buy 2.65€
Deutsche Bank 29/01/2021 Buy 2.75€
Santander 29/01/2021 Buy 2.60€
GVC Gaesco Beka 29/01/2021 Acumular 2.29€
Banco Sabadell 29/01/2021 Buy Under review
Redburn 29/01/2021 Neutral No T.P.
Norbolsa 16/12/2020 Hold 2.28€
Bankinter 03/11/2020 Neutral 2.05€
BoAML 07/09/2020 Underperform 1.40€


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 2.58€ 59% 41% 0%
6 months 2.52€ 56% 41% 3%


Figures as of 4th March 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 2020-22e 

 

In M€ 2020e 2021e 2022e
Net interest income 4,866  4,780  4,798
Net fees and commissions 2,556 2,645 2,727
Income and exp. from insurance 591 606 629
Gross income 8,206 8,179 8,323
Recurring operating expenses -4,639 -4,696 -4,760
Pre-impairment income 3,554 3,483 3,563
Loan loss provisions -2,097 -1,784 -1,262
Net profit attributable to the Group 1,279 1,121 1,544


Figures as of 13th January 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. Some of those estimates may not be public, which is why this analyst consensus can differ from consensus published by other financial information providers. CaixaBank make no warranty, express or implied, as to the accuracy or completeness of the referred information. The accomplishment of these forecasts is not warranted by CaixaBank.

2. These forecasts, that is not under the obligation to disclose information required by the Comisión Nacional del Mercado de Valores (CNMV), is provided as a courtesy and for possible convenience and informational purposes only. It’s not intended by CaixaBank to imply any endorsement of or provide any investment advice.

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

4. Consensus estimates will be published, provided the number of analysts contributing to its calculation was higher than 50% of the total number of analysts covering CaixaBank’s share.

5. Please note that all estimates correspond to CaixaBank Group standalone.