Caixa Bank

CaixaBank BPI supports Telefónica after the closing of the takeover bid in Germany | Companies

by
CaixaBank BPI supports Telefónica after the closing of the takeover bid in Germany | Companies

CaixaBank BPI supported Telefónica after the closing of the takeover bid for the German subsidiary. Thus, the director of CaixaBank, one of the key shareholders of the telecom itself, raised his recommendation on the company’s shares from neutral to purchasable. Furthermore, according to Bloomberg, it set the target price of Telefónica shares at 4.40 euros, … Read more

Barclays expects positive surprises for CaixaBank and Sabadell shareholders | Financial markets

by
Barclays expects positive surprises for CaixaBank and Sabadell shareholders | Financial markets

The 2023 earnings season for Spanish banks begins next week and the market has already assumed that corporate margin will show lower growth in the final stretch of the year. Barclays do not expect the annual accounts to cause significant improvements in market consensus profit forecasts, but point to the positive surprise that could come … Read more