Spanish stocks - Factors to watch on April 18
April 18 (Reuters) -The following Spanish stocks may be affected by newspaper reports and other factors on Thursday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy:
SANTANDER SAN.MC
Spain's Santander will exit the mortgage business in Germany and cut around 500 jobs there by the end of 2026 as part of a process to concentrate on more profitable activities, a spokesperson for the lender told Reuters on Wednesday. nL5N3GQ4LG
Separately, Barclays raised its target price to 5.4 euros from 5.3 euros. nFWN3GR0FG
ACS ACS.MC
ACS has made a substantial equity investment in Britain's aerospace and aviation components maker Skyports Infrastructure, becoming its largest investor. nL5N3GR0X4
BANKINTER BKT.MC
Spain's Bankinter said on Thursday its first-quarter net profit rose 9% from the same period in 2023 thanks to an increase in lending income that offset a negative 95 million euros ($101.51 million) impact from the Spanish windfall tax. nL5N3GR19Z
VISCOFAN VIS.MC
Viscofan said on Wednesday its net profit in the first quarter was up 22.4% at 31.6 million euros ($33.74 million) year-on-year. nL5N3GR0SC
GRIFOLS GRLS.MC
Grifols is in negotiations with large debt funds over a 1 billion euro ($1.07 billion) private placement, Spanish newspaper Cinco Dias said on Thursday.
COLONIAL COL.MC
Colonial has put up for sale former headquarters of the management consulting firm McKinsey located in Madrid's district of Chamberi, according to Spanish newspaper Cinco Dias. Unidentified experts cited by the paper say the price offer could reach a minimum of 8,000 euros ($8,542.40) per square metre.
ENDESA ELE.MC
HSBC raised its target price to 19.6 euros from 18.5 euros. nAZN1NUNIM
SABADELL SABE.MC
Barclays raised its target price to 1.6 euros from 1.5 euros. nFWN3GR0HA
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