El patito feo del Ibex que gusta a la mayoría y puede volar un 22%

The Ibex 22% "ugly duckling" is a popular investment choice according to analysts, according to updated data. Many believe it could surge strongly in the medium term. Despite summer volatility, the Ibex has performed well. From the start of June, it rose 9%, though it fell 2% since touching its all-time high of 20,213 points in August 2026.

Overall, the index is up over 14% this year, making it the best among international indicators. However, ten of the 20 companies listed on Spain's main index are trading red. Colonial, one of these, stands out as favored by the majority of experts. Its shares dropped 3.5% this year, making it the eighth lowest performer on the Ibex.

Sixteen of the 20 companies that follow Colonial recommend investing in it, with nine analysts suggesting it's a good time to buy. The company is popular for several reasons. Experts believe the market hasn't fully appreciated its solid business performance. The real estate group ended the first half of 2026 with a recurring profit of 111 million euros, 4% higher than the same period last year, driven by rental income growth and strong demand for premium office space.

Analysts highlight the company's positive operational evolution, with a 7% increase in rental revenue to 104 million euros. They also believe in the strong pace of acquisitions and high occupancy levels around 93%, despite delays in marketing rehabilitated assets. Experts also have confidence in the company's prospects. Socimi forecasts a dividend per share increase between 16% and 22% from 2026 to 2028 based on estimates presented on investor day this Thursday.

The office-specialized real estate firm expects to reach earnings between 39 and 41 cents per share, compared to 33.6 cents in 2025. Colonial's capital consists of nearly 627 million shares, meaning its recurring profit could range from 245 million to 257 million euros in 2028, compared to 211 million last year. Colonial's growth plan for the period includes continuing its current strategy based on three pillars: investment in prime office assets, market entry of its Alpha X properties, and asset rotation and capital recycling.

With all this, Bloomberg's consulted experts give Colonial an objective price of 6.35 euros, representing a bullish potential of 22% over the next twelve months.