Kepler upgrades Acciona to 'hold', sees 5.6% upside after correction
BUZZ-Kepler upgrades Acciona to 'hold', sees 5.6% upside after correction ** Kepler Cheuvreux upgrades Spanish infrastructure firm Acciona ANA.MC to "hold" from "reduce" after a sharp share-price correction, citing modest upside to its unchanged target price
** The broker keeps its target price at €225 ($261.45), implying about 5.6% upside
** It says shares have fallen around 25% from a recent peak near €285, with the latest drop following Tussen de Grachten's sale of about 3% of Acciona at €217.9 per share, which it sees as portfolio rebalancing, and not a signal on fundamentals or corporate plans
** Kepler says better-than-expected H1 2026 results, reiterated FY 2026 forecast and operating trends support the rating change
** Out of 11 analysts that cover Acciona, two rate the stock "strong buy" or "buy," four rate it "hold" and five rate it "sell" - LSEG data
(Reporting by Mireia Merino)