Spanish stocks – Factors to watch for December 13

December 13 (Reuters) – The following Spanish stocks could be affected by newspaper articles and other factors on Monday. Reuters has not verified the newspaper articles and cannot guarantee their accuracy:

CAIX BANK (CABK.MC)

Spain’s Economy Minister Nadia Calvino has said the Spanish government has no plans to sell its stake in Caixabank (CABK.MC), the Expansion newspaper reported on Monday. “We have no plan or intention to give up the state‘s stake on the horizon,” she said in an interview with the Spanish newspaper published on Monday.

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DURO FELGUERA (MDF.MC)

The company expects sales to reach around 750 million euros ($ 903.20 million) by 2027, Duro Felguera said in a statement on Sunday, adding that the full disbursement of the temporary public financial support had allowed the group to rebalance its assets and finances.

NEINOR HOMES (HOME.MC)

Spain’s Neinor Homes launched a buyback program of up to 5 million euros on Friday, which will last until March 31, 2022.

ABENGOA (ABG.MC)

EU antitrust regulators fined Spain’s Abengoa € 20million on Friday for rigging benchmarks for ethanol as part of cracking down on the practices while investigations into two other companies are continuing. Read more

EDREAM (EDRE.MC)

Deutsche Bank raises the rating of eDreams to “buy” instead of “keep” and raised its target price to 10 euros against 6 euros.

ACERINOX (ACX.MC)

JPMorgan raised the price target of Acerinox to 20 euros against 18.25 euros.

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