Spanish stocks - Factors to watch on Oct 30

Lingotes Especiales SA

30/10/2020 07:24

Oct 30 (Reuters) - The following Spanish stocks may be
affected by newspaper reports and other factors on Friday.
Reuters has not verified the newspaper reports, and cannot vouch
for their accuracy:
    
    BBVA  BBVA.MC  
    Spain's BBVA said on Friday its third-quarter net profit
fell 6.9% from the same period a year ago to 1.14 billion euros
($1.35 billion) on more loan loss provisions to offset a
potential impact on its business from the coronavirus crisis.
 urn:newsml:reuters.com:*:nL8N2HKAYQ
    
    CAIXABANK  CABK.MC  
    Spain's Caixabank said on Friday its third-quarter net
profit declined 19% against the same period a year ago due to
more COVID-19 related provisions.  urn:newsml:reuters.com:*:nL8N2HK9FY
    
    SABADELL  SABE.MC  
    Banco Sabadell's third-quarter net profit fell 77% from a
year ago due to higher provisions, and the Spanish lender on
Friday announced an efficiency plan, entailing yet unspecified
job cuts in Spain, to counter the impact of the coronavirus
pandemic.  urn:newsml:reuters.com:*:nL8N2HL1AH
    
    METROVACESA  MVC.MC  
    Spanish builder said on Friday its nine-month net result
turned to a loss of 82.3 million euros compared to a profit of 
0.1 million euros the year before.  urn:newsml:reuters.com:*:nL8N2HL1C4
    
    VISCOFAN  VIS.MC 
    Spanish Viscofan posted on Thursday a nine-month net loss of
87.9 million euros, wider than the 72.7 million euros on the
same period the year before.  urn:newsml:reuters.com:*:nS8N2H40C5 The group said it
maintains its strategic orientation and full-year objectives
despite the Covid pandemic.  urn:newsml:reuters.com:*:nFWN2HK1PN
    
    FERROVIAL  FER.MC   
    Spanish engineering and construction firm said on Thursday
its net loss during the first 9 months of the year widened to
498 million euros from a loss of 104 million euros a year ago.
 urn:newsml:reuters.com:*:nL8N2HL1AH
    
    CATALANA OCCIDENTE  GCO.MC 
    Catalana reported on Thursday a 29.2% decline on its 9-Month
net profit at 217.5 million euros versus 307.2 million euros on
the same period last year.  urn:newsml:reuters.com:*:nFWN2HK1NS
    
    GESTAMP AUTOMOCION  GEST.MC  
    Gestamp Automocion posted on Thursday an EBITDA on its third
quarter of 244 million euros, up from 234 million euros a year
ago.  urn:newsml:reuters.com:*:nFWN2HK1M6
    
    IBERPAPEL  IBG.MC  
    Iberpapel reported on Thursday its nine-month net profit
fell 93.3% to 1.1 million euros from 17.1 million on the same
period last year.  urn:newsml:reuters.com:*:nFWN2HK1M3
    
    LINGOTES ESPECIALES  LGT.MC   
    Lingotes Especiales said on Thursday its net profit for the
first semester at 1.2 million euros down from 4.8 million euros
a year ago.  urn:newsml:reuters.com:*:nFWN2HK1NT
    
    TELEFONICA  TEF.MC  
    Credit Suisse cut its target price to 3.8 euros from 4.2
euros.  urn:newsml:reuters.com:*:nFWN2HK1FY
    
    REPSOL  REP.MC  
    Barclays cut its target price to 7.5 euros from 10 euros.
 urn:newsml:reuters.com:*:nFWN2HL0HF
    
    CELLNEX  CLNX.MC  
    Morgan Stanley raised its target price to 73 euros from 70
euros.  urn:newsml:reuters.com:*:nFWN2HL0L9
    
    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 

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