Ferrovial, the Spanish construction and concessions group, fell further behind in the Ibex index after JPMorgan analysts issued a 23% downgrade today, expressing doubts about the company’s newest large‑scale project.
The Euribor started the week with a new cut in its daily rate, leaving the monthly average at 3.271% in October, an increase of 0.024 points compared with the previous month, which is welcomed by mortgage borrowers.
Citi analysts reopened the map of banking consolidation after the call for elections, suggesting that a new Spanish government could bring back interest in a takeover bid for Banco Sabadell.
Barclays analysts increased their target price for Repsol, moving it to the edge of the highest valuation given by the 27 firms that follow the company, despite recent strong oil supply constraints that have boosted market outlooks.
The Treasury, a body dependent on the Ministry of Economy, Trade and Enterprise, will hold an auction on Tuesday for 6‑month and 12‑month Treasury bills.
The article describes MdF Family Partners, a Spanish family office that provides independent advisory services to dozens of high‑net‑worth families in Spain and the UK, operating through its participated company Wren.
Cellnex, the second‑worst performing stock of the year on the Spanish Ibex, received contrasting views: D. E. Shaw & Co amplified its bearish position, whereas Deutsche Bank analysts assigned a very large upside potential to the shares.
The article features Rui Mota Guedes, General Director of Loreto Inversiones, answering questions about the most promising assets and sectors and the trends that will shape stock markets in the near future, with a focus on the outlook for 2027.
The macro agenda for the day leaves little room for a market breather. Eurozone CPI data precedes the US employment report, which will influence the Fed’s upcoming meeting. A temporary easing of debt and oil price pressures reduces bearish pressure on the market, and the IBEX 35 is attempting to protect the 19,000-point threshold.
Iberdrola, the Spanish utility listed on the Ibex, received its fourth analyst endorsement in less than a week, with Goldman Sachs issuing a record-high valuation, the highest among the 31 current ratings for the company.