Spanish stocks - Factors to watch on Jan 1

Ebro Foods SA

01/02/2021 07:38

Feb 1 (Reuters) - The following Spanish stocks may be
affected by newspaper reports and other factors on Monday.
Reuters has not verified the newspaper reports, and cannot vouch
for their accuracy:
    
    SABADELL  SABE.MC  
    Spain's Banco Sabadell announced on Monday a loss of 201
million euros ($244 million) in the fourth quarter due to higher
impairments related to the sale of non-performing asset
portfolios, COVID-19 related provisions and restructuring costs.
 urn:newsml:reuters.com:*:nL8N2K70RX The bank also announced on Monday the appointment
of Leopoldo Alvear as new Chief Financial officer.  urn:newsml:reuters.com:*:nFWN2K500N
    
    EBRO FOODS  EBRO.MC  
    Spain's Ebro Food said on Saturday it closed the sale of
it's dry pasta business in Canada to Barilla group, previously
announced in October, after the conditions and formalities
agreed in contract have been fulfilled and the company has
received the C$ 165 million ($129.31 million) transaction price.
 urn:newsml:reuters.com:*:nL8N2K710E
    
    ENDESA  ELE.MC  
    Spanish utility Endesa is preparing a 2.9 billion euros
investment to develop green hydrogen in Spain, newspaper Cinco
Dias reported on Monday.
    
    AIRTIFICIAL  AI.MC  
    Spanish Airtificial reported on Friday its 9-month net loss
has narrowed to 8.1 mln euros from a loss of 32.0 million euros
in the same period a year earlier.  urn:newsml:reuters.com:*:nL8N2K70XE
    
    URBAS  UBS.MC  
    Urbas won a tender for investment of a mixed-use real estate
complex on public ownership plot in Dubai, through a public
private partnership (PPP) contract it will build and operate the
complex for up to 50 years, the group said in a statement on
Monday. 
    
    SIEMENS GAMESA  SGREN.MC  
    Berenberg raised Siemens Gamesa target price to 30 euros
from 23 euros.  urn:newsml:reuters.com:*:nFWN2K602B
    
    RED ELECTRICA  REE.MC  
    Deutsche Bank cut its target price to 16 euros from 17.5
euros.  urn:newsml:reuters.com:*:nFWN2K70B5
    
    BANKIA  BKIA.MC  
    HSBC raised Bankia's target price to 1.57 euros from 1.51
euros.  urn:newsml:reuters.com:*:nFWN2K704H
    
    BBVA  BBVA.MC  
    HSBC cut its target price to 4.4 euros from 4.6 euros.
 urn:newsml:reuters.com:*:nFWN2K609V
    Deutsche Bank raised BBVA's target price to 4.9 euros from
4.75 euros.  urn:newsml:reuters.com:*:nFWN2K708G
    
    CAIXABANK  CABK.MC  
    HSBC raised its target price to 2.3 euros from 2.2 euros.
 urn:newsml:reuters.com:*:nFWN2K7020
    Credit Suisse raised Caixabank's target price to 2.70 euros
from 2.60 euros.  urn:newsml:reuters.com:*:nFWN2K700G
    
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    For latest news on Spanish stock moves double click  HOT-ES 
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($1 = 1.2760 Canadian dollars)

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