Talgo 2017 results preview: Change in recommendation to Buy (from Hold)
Talgo 2017 results preview: Change in recommendation to Buy (from Hold)
Talgo will report its 2017 results on 27th February before the market opening. There will be a conference call at 14:00h CET.
- Lower results than in 2017
- Recovering OWC
- Recommendation change to Buy (from Hold)
Talgo is engaged in designing, manufacturing, repairing and maintaining the railway rolling stock, as well as the manufacturing, assembling, repairing and maintaining the engines, machinery and parts of the railway systems. Co. has an industrial presence in seven countries: Spain, Germany, Kazakhstan, Uzbekistan, Russia, Saudi Arabia and U.S.A. Co. has an active fleet in Europe, Asia and North America that comprises of 94 high-speed trains and more than 1,400 Talgo tilting passenger cars. Also, Co. purchases, redesigns, constructs, leases and sells all types of real estate.
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.
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