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Research Department
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ESTIMATES FOR SPANISH BOLSA IGBM JANUARY 2020 (ANÁLISIS BANCO SABADELL)

Main changes from our previous report:

Changes of Target Price:
Grifols: from 30.50 to 37.30 (Date: 09/12/2019)
Enagás: from 23.63 to 23.39 (Date: 20/12/2019)
Almirall: from UR to 20.00 (Date: 15/01/2020)
Acciona: from 81.65 to 97.20 (Date: 16/01/2020)
Arcelor Mittal: from 25.00 to 18.50 (Date: 22/01/2020)

Changes of Recommendation:
Grifols: from Sell to Buy (Date: 09/12/2019)
ACS: from Restricted to Buy (Date: 10/01/2020)
Provider
Sabadell
Sabadell

Analysts
Research Department

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