Spanish stocks - Factors to watch on Nov 13

Reuters11-13
Spanish stocks - Factors to watch on Nov 13

Nov 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:

BBVA BBVA.MC, SABADELL SABE.MC

BBVA's long pursuit of Sabadell is becoming even longer, with Spanish regulators launching an in-depth review of its bid, which fell further in value after Donald Trump's U.S. election victory fuelled concerns over its Mexican business. nL1N3MJ13C

ACS ACS.MC

Spanish builder ACS ACS.MC posted on Tuesday a higher-than-expected 5% rise in net profit during the first nine months of the year, as the company benefited from its investments in North America. nL1N3MJ11S

ACCIONA ENERGIA ANE.MC

Acciona Energia said on Tuesday it completed the sale of hydropower assets in Spain. nFWN3MJ1MN

MERLIN PROPERTIES MRL.MC

The company said on Tuesday it was evaluating contingency plans regarding political agreement in congress on SOCIMI legal framework. nL8N3MK0DP

SACYR SCYR.MC

Sacyr said on Tuesday it won 141-KM Ruta 68 P3 project in Chile. nFWN3MJ1MQ

NEINOR HOMES HOME.MC

The company said on Tuesday its board agreed to distribute a gross amount of about 125 million euros ($132.56 million) in capital reduction. nL8N3MK0CD

VOCENTO VOC.MC

The company said on Tuesday its nine-month net loss was 27 million euros. nL8N3MK0CE

AUDAX ADXR.MC

Audax said on Wednesday its nine-month net profit was 48.2 million euros. nFWN3MJ1UL The company said on Wednesday it would carry out notes buy-back program. nFWN3MK0EO

TELEFONICA TEF.MC

Barclays raised its target price to 4.5 euros from 4.4 euros. nAZN2M0RUY While, JPMorgan cut its target price to 3.40 euros from 3.60 euros. nFWN3MK0AI

ENDESA ELE.MC

HSBC raised the company to "buy" from "hold" and raised its target price to 24.2 euros from 21.6 euros. nAZN2LZUGE

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($1 = 0.9430 euros)

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

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