Spanish stocks - Factors to watch on May 13

General de Alquiler de Maquinaria SA

13/05/2020 07:00

May 13 (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:
    
    BANCO SANTANDER  SAN.MC 
    Santander on Tuesday announced the appointment of Antonio
Simoes, head of global private banking at HSBC, as its regional
chief for Europe, one of the Spanish bank's three big
geographical regions.  urn:newsml:reuters.com:*:nL8N2CU6CM Separately, HSBC cut its
recommendation to "hold" from "buy".  urn:newsml:reuters.com:*:nFWN2CU152 and cut its
target price to 2.30 euros ($2.50) from 4.20 euros.  urn:newsml:reuters.com:*:nFWN2CU1AY
    
    METROVACESA  MVC.MC  
    The company reported a net loss of 6.2 million euros in the
first quarter from a loss of 4.7 million euros a year ago.
Metrovacesa said it was still too soon to evaluate the impact of
COVID-19 on earnings, cashflow or timetables.  urn:newsml:reuters.com:*:nFWN2CU1HV
    
    GENERAL DE ALQUILER DE MAQUINARIA  GALQ.MC 
    The company reported a net loss of 3.8 million in the first
quarter euros from a profit of 6.4 million euros a year ago.
 urn:newsml:reuters.com:*:nFWN2CU0X5
    
    BBVA  BBVA.MC 
    HSBC cut its recommendation to "hold" from "buy".
 urn:newsml:reuters.com:*:nFWN2CU12D and cut its target price to 3.10 euros from 5.6
euros.  urn:newsml:reuters.com:*:nFWN2CU1AP
    
    BANKIA  BKIA.MC 
    HSBC cut its target price to 1.05 euros from 1.77 euros.
 urn:newsml:reuters.com:*:nFWN2CV02L
    
    CAIXABANK  CABK.MC 
    HSBC cut its target price to 1.88 euros from 2.6 euros.
 urn:newsml:reuters.com:*:nFWN2CU1AR
    
    BANCO DE SABADELL  SABE.MC 
    HSBC cut its target price to 0.37 euro from 1.12 euros.
 urn:newsml:reuters.com:*:nFWN2CV02Z
    
    TELEFONICA  TEF.MC 
    Moody's reiterated Telefonica's Baa3 rating with a stable
outlook.  urn:newsml:reuters.com:*:nMDY6C2z3n According to the Spanish newspaper Cinco
Dias Chief Executive Officer of the company, Jose Maria
Alvarez-Pallete, bought 100,000 shares of Telefonica for 419,000
euros.
    
    SIEMENS GAMESA  SGREN.MC 
    Fitch revised Siemens Gamesa's outlook to negative and
affirmed IDR at 'BBB'.  urn:newsml:reuters.com:*:nFit8LS3Cx
    
    AMADEUS  AMA.MC 
    Jefferies cut its target price to 54 euros from 60 euros.
 urn:newsml:reuters.com:*:nFWN2CU19Z
    
    APPLUS  APPS.MC 
    Credit Suisse cut its target price to 8.80 euros from 10.50
euros.  urn:newsml:reuters.com:*:nFWN2CV019
    
    For today's European market outlook double click on  .EU . 
    For real-time moves on the Spanish blue-chip index IBEX
please double click on  .IBEX  
    For IBEX constituent stocks highlight .IBEX in the command
box and press the F3 button on your keyboard 
    For latest news on Spanish stock moves double click  HOT-ES 
    For Spanish language market report double click on  .MES 
    For latest Eurostocks report please double click on  .EU 


($1 = 0.9218 euros)

 (Gdansk Newsroom; Gdansk.newsroom@thomsonreuters.com
+48 58 778 51 10)