Spanish stocks - Factors to watch on July 8
Spanish stocks - Factors to watch on July 8 July 8 (Reuters) - The following Spanish stocks may be affected by newspaper reports and other factors on Wednesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy:
SANTANDER SAN.MC
Spain's Santander has overhauled its Asia-Pacific business under new management, removed its top banker in Beijing, and tightened employee oversight in the region, the Financial Times reported on Tuesday, citing people familiar with the matter.
REPSOL REP.MC
Repsol said on Tuesday that its second-quarter estimated production was 558,000 barrels of oil equivalent per day, while its refining margin indicator in Spain stood at $14 per barrel.
TUBACEX TUBA.MC
Tubacex said on Tuesday it had ended its share buyback programme on July 3 after acquiring 741,171 shares representing 0.59% of its capital.
IBERDROLA IBE.MC
HSBC raises its target price to €23.1 from €21.2.
REPSOL REP.MC
HSBC raises its target price to €26.5 from €25.5.
SABADELL SABE.MC
Goldman Sachs initiates coverage with "sell" rating and target price at €3.1.
ICAG ICAG.L
Citigroup raises its target price to 610 pence from 600 pence.
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