CaixaBank stock gains as UBS raises target to EUR 14.90

Published on 09/23/2026 at 16:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

CaixaBank stock traded at EUR 13.145 on September 23, 2026, after UBS raised its target to EUR 14.90. First-half ROTE reached 18%.

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CaixaBank S.A. (ISIN ES0140609019) traded at EUR 13.145 on the Bolsa de Madrid at 12:53 p.m. on September 23, 2026, up 1.27 percent from the prior close of EUR 12.980. The move followed UBS raising its rating from Neutral to Buy and its price target from EUR 12.40 to EUR 14.90, according to Investing.com on September 23, 2026.

UBS lifts the valuation bar

The revised target is EUR 2.50 above UBS' previous level, an increase of 20.2 percent. The new target also stands above CaixaBank's 52-week high of EUR 13.555, while the intraday price was 3.0 percent below that high on September 23, 2026.

According to Investing.com on September 23, 2026, UBS expects CaixaBank net interest income to grow 9 percent, compared with 5 to 7 percent for domestic peers. The same report said the shares had underperformed Spanish peers by about 10 percentage points after the second-quarter results.

First-half return remains central

CaixaBank reported a return on tangible equity of 18 percent for the first half of 2026, while management expects the measure to reach about 20 percent in 2027, according to Expansion on September 22, 2026. Management also reiterated a dividend payout policy of 50 to 60 percent of profit for 2027.

The next reported checkpoint is scheduled for October 30, 2026, when CaixaBank is due to publish third-quarter 2026 results, according to MarketScreener on September 23, 2026. That date gives investors a defined test for the 9 percent net interest income growth forecast cited in the UBS update.

Shares remain near the yearly high

CaixaBank's September 23, 2026 market snapshot showed a 52-week range of EUR 8.532 to EUR 13.555, market capitalization of EUR 91.594 billion and volume of 1,645,954 shares. The stock was therefore 53.9 percent above its 52-week low, while the current session gain remained below the recent high.

CaixaBank stock closed at EUR 13.145 on the Bolsa de Madrid as of 12:53 p.m. on September 23, 2026, with the daily change at plus 1.27 percent.