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Spanish stocks - Factors to watch on March 10

Reuters · 03/10/2023 02:45
Spanish stocks - Factors to watch on March 10

- The following Spanish stocks may be affected by reports and other factors on Friday. Reuters has verified the reports and cannot vouch for their accuracy:


Grenergy Renovables said on Friday it signed a Power Purchase Agreement (PPA) in Spain with the chemical company LyondellBasell LYB.N for 259 MWp.

Separately, it reported on Thursday it ended a buy-back programme reaching 400,000 shares.


Ferrovial, in consortium with Comsa and FCC FCC.MC, has won a contract, which is tendered by the state rail infrastructure company Adif, for a rail line Barcelona, Expansion reported. Adif declined to confirm that Ferrovial's bid for the 513 million-euro ($543.11 million) contract is the winning one, the added.


The company plans to sell its renewables division in which it holds a 60% stake, website Vozpopuli reported on Friday.


Citigroup raised its target price to 32.5 euros from 25 euros.


Credit Suisse cut its target price to 55 euros from 60 euros.

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($1 = 0.9446 euros)

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