IBERIAN DAILY 03 JULY (ANÁLISIS BANCO SABADELL)

NEWS SUMMARY: IBERDROLA, SANTANDER. Lagarde admits progress made in inflation European stock markets saw profit taking, where J. Powell’s still cautious comments from Sintra but more confident in the disinflation process moderated losses. In the STOXX 600 among the sectors that rose (8/20 sectors), Energy stood out (thanks to the good performance of Brent crude) vs. Banks, Insurance and Autos that were the worst performers, falling >-1.0%. On the macro side, in the euro zone June’s inflation m...

INFORME DIARIO 03 JULIO (ANÁLISIS BANCO SABADELL)

COMPAÑÍAS QUE APARECEN EN EL INFORME: ESPAÑA: IBERDROLA, SANTANDER. EUROPA: SANOFI. Lagarde reconoce los progresos de la inflación Toma de beneficios en el mercado bursátil europeo donde los comentarios de J. Powell desde Sintra sonando todavía cauto, pero más confiado sobre el proceso de desinflación ayudaron a moderar las pérdidas. En el STOXX 600 entre los sectores que presentaron subidas (8/20 sectores) destacó Energía (gracias al buen desempeño del Brent) frente a Bancos, Seguros y Autos q...

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 06/28/2024

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ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 28/06/2024

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Iberdrola : Webinar on networks, the keys to the group's success

>Outperform rating and € 14.40 target price maintained - The webinar organised by the group and dedicated to the network activities with the focus on the planning and supply of equipment and services, confirms our positive view on the stock, its strategic vision and capacity to achieve its targets. We maintain our Outperform rating and target price of € 14.4, based on the average between a DCF (€ 16.0) factoring in the targets of the 2026 strategic plan, a sum-of-the-...

Iberdrola : Webinar sur les réseaux, les clés de la réussite du groupe

>Opinion Surperformance et OC 14.40€ maintenus - Le webinar organisé par le groupe et dédié aux activités de réseau à travers le prisme de la planification et de l’approvisionnement en équipements et services confirme notre opinion positive sur le groupe, ses visions stratégiques et sa capacité à atteindre ses objectifs. Nous maintenons notre opinion Surperformance et notre objectif de cours de 14.4 €, issu d’une moyenne entre un DCF (16.0 €) intégrant les objectifs d...

ODDO : Generative AI: a genuine revolution, pending the next revolutio...

Our conviction on the long-term growth potential and opportunities of generative AI is renewed. The enabler sectors (semiconductors, software and IT services) and those that provide the infrastructure (utilities, metals, capital goods and real estate) will be the primary beneficiaries, leading us to make certain target price changes. Among AI ‘user’ sectors (media, healthcare, automotive, banking and insurance, oil services, defence, aerospace and airlines), the effects will doub...

ODDO : L’IA générative, une véritable révolution, en attendant la proc...

Notre conviction sur le potentiel de croissance LT et d’opportunités de l’IA générative est renforcée. Les secteurs 'enablers' (semiconducteurs, software et IT services) et fournisseurs d’infrastructures (utilities, métaux, biens d'équipements et immobilier) en seront les premiers bénéficiaires, conduisant à certains changements d’OC. Parmi les secteurs ‘utilisateurs’ de l’IA (média, santé, automobile, banque et assurance, services pétroliers, défense, aéronautique et compagnies ...

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 06/24/2024

Dutch real estate companies showed signs of cautious optimism at the recent Provada conference, with logistics and retail favoured. Healthcare shows some positive signs, with limited devaluations. The Dutch government's potential reduction of the Real Estate Transfer Tax and new REIT regime could benefit listed real estate companies active in the country. - ...

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 24/06/2024

Dutch real estate companies showed signs of cautious optimism at the recent Provada conference, with logistics and retail favoured. Healthcare shows some positive signs, with limited devaluations. The Dutch government's potential reduction of the Real Estate Transfer Tax and new REIT regime could benefit listed real estate companies active in the country. - ...

Iberdrola : Visit to the Saint Brieuc offshore wind farm

>A site visit that illustrates the group’s qualities - On Wednesday 18 June we organised a visit to Iberdrola’s first offshore wind farm in France (and the second in France overall), located off the coast of Paimpol, for around twenty French clients. The Saint Brieuc project was commissioned at the end of May 2023, with 496 MW installed capacity. It is above all emblematic of the group’s ability to: develop a project in a legislative environment that was still in the ...

Iberdrola : Visite du parc éolien maritime de Saint Brieuc

>Une visite de site illustrative des qualités du groupe - Nous avons organisé le mardi 18 juin dernier une visite de la première ferme éolienne maritime d’Iberdrola en France (et la seconde sur le territoire national au global) située au large de Paimpol pour une vingtaine de clients français. Le projet de Saint Brieuc a été mis en service fin mai 2023, avec 496 MW de capacité installée. Il est surtout emblématique de la capacité du groupe à : développer un projet dan...

Iberdrola S.A.: 1 director

A director at Iberdrola S.A. bought 4,000 shares at 12.170EUR and the significance rating of the trade was 55/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly...

INFORME DIARIO 21 JUNIO (ANÁLISIS BANCO SABADELL)

IBERIAN DAILY 21 JUNE (ANÁLISIS BANCO SABADELL)

NEWS SUMMARY: IBERDROLA. Euro STOXX 50 nearing 5,000 points The strong opening in US stock markets after the holiday on Wednesday spurred gains in Europe. In the STOXX 600 almost all sectors rose (19/20), led by Technology and Real Estate, whereas Household Goods was the only sector to end with losses, followed by Food. On the macro side, in the UK the BoE kept rates at 5.25% (2 of 7 votes in favour of a cut) ahead of the election on 04 July. In the euro zone, June’s preliminary consumer conf...

IBERIAN DAILY 03 JUNE (ANÁLISIS BANCO SABADELL)

NEWS SUMMARY: IBERDROLA, NATURGY. Ibex ends May near annual high European markets were underpinned at the end of the week by the drop in US sovereign debt yields, although the idea that interest rates will remain higher for longer continues to gain traction. The IBEX 35 ended with gains of around +0.75%, above the 11,300 point reference, while the rest of the European indices ended the week with losses. In the STOXX 600, Telecoms and Real Estate posted the biggest gains, whereas Technology an...

INFORME DIARIO 03 JUNIO (ANÁLISIS BANCO SABADELL)

COMPAÑÍAS QUE APARECEN EN EL INFORME: ESPAÑA: IBEDROLA, NATURGY. EUROPA: AIRBUS El Ibex despide mayo cerca de los máximos del año Los mercados europeos se vieron apoyados en el último tramo de la semana por el descenso en las rentabilidades soberanas americanas, aunque sigue ganando peso la idea de que los tipos de interés seguirán altos durante más tiempo del inicialmente esperado. Así, el Ibex 35 terminó con subidas cercanas al +0,75% y por encima de la referencia de los 11.300 puntos, mie...

INFORME DIARIO 24 MAYO (ANÁLISIS BANCO SABADELL)

COMPAÑÍAS QUE APARECEN EN EL INFORME: ESPAÑA: ACCIONA, ACCIONA ENERGÍA, CELLNEX, IBERDROLA, REPSOL, SACYR. EUROPA: AHOLD DELHAIZE. El mercado celebra los resultados de NVIDIA pero se desinfla al cierre La mejora de sentimiento después de los buenos resultados NVIDIA del 1T’24 animaron a las bolsas europeas, aunque la euforia se fue resintiendo hacia el cierre. Así en el STOXX 600 los mejores sectores fueron Tecnología (contagio positivo desde EE.UU.) e Industriales mientras que Utilities e Inm...

IBERIAN DAILY 24 MAY (ANÁLISIS BANCO SABADELL)

NEWS SUMMARY: ACCIONA, ACCIONA ENERGÍA, CELLNEX, IBERDROLA, REPSOL, SACYR. Market welcomes NVIDIA’s results but deflates towards the closing bell The improved sentiment following NVIDIA’s solid 1Q’24 results spurred European stock markets, although the euphoria faded towards the closing bell. In the STOXX 600, the best-performing sectors were Technology (positive contagion from the US) and Industrials, whereas Utilities and Real Estate were hit the hardest. On the macro side, in the euro zone ...

IBERIAN DAILY 20 MAY (ANÁLISIS BANCO SABADELL)

NEWS SUMMARY: ACERINOX, IBERDROLA, TALGO, TELEFÓNICA. Strong week for European peripheral nations and the US European peripheral nation indices rose up to +2.0% over the week and the S&P 500 hit a new 2024 high, benefiting from the disappointing macro data and the falling debt yields. Within the STOXX 600, Telecoms and Real Estate led the gains last week, whereas Energy and Travel & Leisure ended with the biggest losses. On the macro side, in the euro zone the 2.4% YoY growth from April’s gene...