Spanish stocks - Factors to watch on March 10

Kitco Media
By Reuters
Published:
Updated:
Reuters
March 10 (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:


GRENERGY Grenergy Renovables said on Friday it signed a Power Purchase Agreement (PPA) in Spain with the chemical company LyondellBasell for 259 MWp. Separately, it reported on Thursday it ended a buy-back programme reaching 400,000 shares. FERROVIAL Ferrovial, in consortium with Comsa and FCC , has won a contract, which is tendered by the state rail infrastructure company Adif, for a rail line near Barcelona, Expansion newspaper reported. Adif declined to confirm that Ferrovial's bid for the 513 million-euro ($543.11 million) contract is the winning one, the newspaper added.


ENAGAS The company plans to sell its renewables division in which it holds a 60% stake, news website Vozpopuli reported on Friday.


INDITEX Citigroup raised its target price to 32.5 euros from 25 euros. CELLNEX Credit Suisse cut its target price to 55 euros from 60 euros. For today's European market outlook double click on .


For real-time moves on the Spanish blue-chip index IBEX please double click on 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 For Spanish language market report double click on For latest Eurostocks report please double click on ($1 = 0.9446 euros) (Gdansk Newsroom; Gdansk.newsroom@thomsonreuters.com +48 58 769 66 00)

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