Jefferies Group Initiates Coverage on Bankinter SA (BKNIY)

Research analysts at Jefferies Group started coverage on shares of Bankinter SA (OTC:BKNIY) in a note issued to investors on Sunday, reports. The brokerage set an “underperform” rating on the stock.

Shares of Bankinter SA (OTC:BKNIY) traded up 6.25% during trading on Friday, hitting $7.48. 300 shares of the stock traded hands. The stock has a market cap of $6.72 billion and a price-to-earnings ratio of 12.99. Bankinter SA has a 1-year low of $5.94 and a 1-year high of $8.07. The stock has a 50 day moving average price of $7.34 and a 200-day moving average price of $7.07.

About Bankinter SA

Bankinter SA is a Spain-based financial institution primarily engaged in the banking sector. The Bank offers a range of services and products, such as current accounts, fixed-term deposits, investment funds and retirement plans, mortgages, insurance policies; as well as other banking operations to businesses and individuals.

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