Bankinter: RBC starts coverage with 'sector perform' rating.
(CercleFinance.com) - RBC Capital Markets has begun its coverage of Bankinter with a "sector perform" rating and a target price of 8.
20 euros, saying that the Spanish bank's quality is already priced in.
The brokerage firm highlights a "high quality bank with strong gearing to rising rates, low problematic assets and limited regulatory headwinds."
"However we believe that this quality is currently priced in," RBC says in its research report.
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The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
20 euros, saying that the Spanish bank's quality is already priced in.
The brokerage firm highlights a "high quality bank with strong gearing to rising rates, low problematic assets and limited regulatory headwinds."
"However we believe that this quality is currently priced in," RBC says in its research report.
Copyright (c) 2017 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.