New scenario for investors BBVA and Sabadell
Banco Sabadell’s rejection of BBVA’s offer caught investors by surprise with European markets closed, but on Wall Street BBVA’s ADRs rose 3.12% yesterday on the news.
Analysts surveyed believe that when the stock market opens, Most likely, Sabadell will adjust some of his optimism after rejecting BBVA’s proposal.and that the price of the latter restores part of what was lost due to the opening unknowns.
Millennium GroupThe foundation, known as Gooseberry Hunters, came into being last month. position at 1% in Sabadell, and yesterday it told the CNMV it was raising it to 2.16%.
BBVA, which grew to 29
Analysts surveyed believe that when the stock market opens, Most likely, Sabadell will adjust some of his optimism after rejecting BBVA’s proposal.and that the price of the latter restores part of what was lost due to the opening unknowns.
Millennium GroupThe foundation, known as Gooseberry Hunters, came into being last month. position at 1% in Sabadell, and yesterday it told the CNMV it was raising it to 2.16%.
BBVA, which was rising until April 29 when its interest in Sabadell became known, is up 32.51% on the stock market for the year.and was one of the ten stocks that rose the most in the Euro Stoxx 50, In four days, it fell 9.72%, equivalent to 6.188 million.market price. Over the year, it grew by 19.62%, and its capitalization reached 57.445 million.. The cut drops it two places in terms of size in the Euro Stoxx 50 rankings, to 32nd. UniCredit and Enel took it forward. At Ibex 35, BBVA moved from the fifth-highest indicator of the year to the tenth.
Sabadell shares Over the course of a week, they took the opposite path from BBVA: It rose 8.75% and increased its market capitalization by 827 million to 10,279 million. This momentum strengthens its position as Ibex’s best value in 2024, up 69.77% this year. However, analysts emphasize that Sabadell has not reached the value that BBVA gives it: 2.26 euros per share. Yesterday the price closed at €1.88 per share.