Bankinter (OTCMKTS:BKNIY) Reaches New 1-Year High – Should You Buy?

Bankinter, S.A. (OTCMKTS:BKNIY) reached a new 52-week high on Tuesday . The company traded as high as $11.87 and last traded at $11.78, with a volume of 13488 shares. The stock had previously closed at $11.42.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on BKNIY shares. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Bankinter in a report on Thursday, March 6th. Royal Bank of Canada raised Bankinter to a “moderate buy” rating in a report on Thursday, January 16th. Finally, Keefe, Bruyette & Woods cut Bankinter from a “hold” rating to a “moderate sell” rating in a report on Friday, November 22nd.

Bankinter Price Performance

The stock has a market capitalization of $10.59 billion, a price-to-earnings ratio of 10.52 and a beta of 0.73. The company has a 50 day moving average of $9.49 and a 200 day moving average of $8.69. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 1.52.

Bankinter (OTCMKTS:BKNIY) last released its earnings results on Thursday, January 23rd. The bank reported $0.26 EPS for the quarter, beating the consensus estimate of $0.18 by $0.08. Bankinter had a return on equity of 16.74% and a net margin of 18.98%. As a group, equities research analysts forecast that Bankinter, S.A. will post 1 EPS for the current fiscal year.

About Bankinter

Bankinter, SA provides various banking products and services to individuals and corporate customers, and small- and medium-sized enterprises in Spain. It offers payroll, pension, business, salary, non-salary, youth salary, current, currency, professional, basic, and management accounts; deposit products; and mortgages and loan products, as well as financing services.