Spanish stocks - Factors to watch on Nov 27

Miquel y Costas & Miquel SA

27/11/2024 07:38

Nov 27 (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:
    
    BBVA  BBVA.MC , SABADELL  SABE.MC  
    BBVA said on Tuesday that the European Commission had not
raised any objections to its bid for Spanish rival Sabadell
after completing its foreign subsidies review.
    
    INDRA  IDR.MC 
    Indra is conducting an in-depth due diligence of Hispasat's
business prior to the launch of a possible firm offer for
Hispasat, Spanish economic newspaper Expansion reported on
Wednesday.
    
    SANTANDER  SAN.MC  
    The Portuguese arm of Spanish banking giant Santander would
consider a potential acquisition of rival Novo Banco, depending
on price, Santander Totta's CEO Pedro Castro Almeida said on
Tuesday. 
    
    APPLUS  APPS.MC  
    Bolsas y Mercados Espanoles (BME) said on Tuesday Applus'
shares would be excluded from trading on the Spanish stock
exchanges on November 27.
    
    MIQUEL Y COSTAS & MIQUEL  MCM.MC 
    The company said on Tuesday it will pay a net dividend of
0.087075 euros on Dec 18.
    
    ENDESA  ELE.MC 
    HSBC raised its target price to 24.6 euros ($25.82) from
24.2 euros.
    
    PUIG BRANDS  PUIGb.MC 
    Barclays initiated coverage with "overweight" and target
price of 24.40 euros.
    
    INDITEX  ITX.MC 
    Barclays raised its target price to 48 euros from 44 euros.
    
    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 = 0.9527 euros)

 (Gdansk Newsroom; Gdansk.newsroom@thomsonreuters.com
+48 58 769 66 00)