Equity analyst recommendations on CaixaBank.

Institution	Date	Recommendation	Target price
Société Générale	15/01/2019	Buy	4.40 €
Deutsche Bank	11/01/2019	Buy	4.60 €
KBW	10/01/2019	Underweight	3.44 €
Morgan Stanley	09/01/2019	Overweight	4.70 €
BoAML	07/01/2019	Underperform	3.30 €
Citigroup	04/01/2019	Neutral	3.65 €
Autonomous	03/01/2019	Outperform	4.17 €
Renta 4	21/12/2018	Sobreponderar	4.14 €
JP Morgan	18/12/2018	Overweight	4.70 €
JB Capital Markets	12/12/2018	Buy	4.46 €
Berenberg	05/12/2018	Sell	2.75 €
Oddo BHF	04/12/2018	Buy	4.90 €
Goldman Sachs	03/12/2018	Sell	3.50 €
Banc Sabadell	30/11/2018	Comprar	4.40 €
UBS	30/11/2018	Buy	4.30 €
Jefferies	29/11/2018	Buy	4.35 €
Bankinter	28/11/2018	Buy	5.28 €
Alantra	28/11/2018	Buy	4.30 €
Santander	28/11/2018	Buy	5.30 €
BBVA	28/11/2018	Outperform	4.70 €
Credit Suisse	28/11/2018	Outperform	4.50 €
Mediobanca	28/11/2018	Neutral	4.00 €
GVC Gaesco Beka	27/11/2018	Comprar	4.90 €
AlphaValue	27/11/2018	Add	3.99 €
HSBC	27/11/2018	Hold	4.30 €
RBC	27/11/2018	Outperform	4.20 €
Exane BNP	31/10/2018	Underperform	3.40 €
Kepler Cheuvreux	31/10/2018	Hold	4.00 €
Fidentiis	26/10/2018	Buy	4.75 €
Mirabaud	25/10/2018	Buy	4.75 €
Barclays	10/05/2018	Equal-weight	4.40 €
Norbolsa	04/05/2017	Comprar	4.60 €

Average target price (A.T.P.) and percentage of recommendation o buy, sell or hold considering reports published within the last 3 months / 6 months.

	A.T.P	% Buy	% Neutral	% Sell
3 months	4.27 €	70%	13%	17%
6 months	4.27 €	70%	13%	17%

Figures as of 16th January 2019

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.