Bankia downgraded to Underperform from Hold at Jefferies. Jefferies analyst Benjie Creelan-Sandford downgraded Bankia to Underperform from Hold. After trimming Euribor rate expectations for 2020 and 2021, the analyst sees downside risk to estimates and valuations for the Spanish banking sector.
Bankia upgraded to Hold from Underperform at Jefferies. Jefferies analyst Benjie Creelan-Sandford upgraded Bankia to Hold with a price target of EUR 2.60. The analyst sees the stock's risk/reward as more balanced in the near term ahead of likely dividend details during the Q4 report.