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
UBS	22/01/2020	Neutral	3.00€
ACF	22/01/2020	Vender	2.33€
Banco Sabadell	22/01/2020	Comprar	3.26€
Santander	22/01/2020	Buy	3.52€
Deutsche Bank	21/01/2020	Buy	3.25€
Barclays	21/01/2020	Overweight	3.20€
Mediobanca	21/01/2020	Neutral	2.50€
Renta 4	20/01/2020	Mantener	3.21€
Credit Suisse	21/01/2020	Outperform	3.00€
BBVA	17/01/2020	Outperform	3.30€
Alantra	17/01/2020	Neutral	3.00€
Exane BNP	16/01/2020	Outperform	3.10€
Morgan Stanley	16/01/2020	Overweight	3.30€
Fidentiis	16/01/2020	Hold	2.95€
Oddo BHF	16/01/2020	Buy	3.20€
Société Générale	09/01/2020	Hold	2.73€
KBW	07/01/2020	Outperform	3.50€
Autonomous	04/01/2020	Neutral	2.87€
Citigroup	03/01/2020	Neutral	2.70€
JP Morgan	17/12/2019	Neutral	2.85€
Norbolsa	16/12/2019	Comprar	3.16€
Goldman Sachs	13/12/2019	Neutral	2.61€
Alpha Value	15/11/2019	Buy	3.52€
Bankinter	04/11/2019	Neutral	2.90€
HSBC	01/11/2019	Hold	2.60€
GVC Gaesco Beka	31/10/2019	Buy	4.05€
JB Capital Markets	31/10/2019	Neutral	3.00€
Jefferies	31/10/2019	Buy	3.20€
BoAML	24/10/2019	Underpeform	2.50€

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	3.05 €	48%	45%	7%
6 months	3.05 €	48%	45%	7%

Figures as of 24th January 2020

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.