Report
Juan Moreno
EUR 10.00 For Business Accounts Only

BME: Mixed set of 3Q18 results

We expect these 3Q18 results to have a neutral impact on the stock price, given that they were in line with BKTS and consensus estimates. We maintain our Hold recommendation and our €29.11/share target price unchanged.

Underlying
Bolsas y Mercados Espanoles

Bolsas y Mercados Espanoles Sociedad Holding de Mercados y Sistemas Financieros (BME) is a company that integrates securities markets and financial systems in Spain. Co. comprises the Madrid, Barcelona, Bilbao and Valencia stock exchanges, MF Mercados Financieros, Iberclear and BME Consulting, as well as several other subsidiaries. Co.'s services include public offerings and trading facilities for equities, derivatives, warrants and fixed income securities. Co. also provides clearing and settlement services, through Iberclear. In addition, Co. is engaged in the distribution of information services and consulting and technology services.

Provider
Bankinter S.A.
Bankinter S.A.

Bankinter S.A. is a Spanish brokerage firm established in 1989. The company's line of business includes the provision of market research and trading services for Equity and Fixed Income products.

Analysts
Juan Moreno

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