Los valores rezagados del Ibex con más gancho para invertir

The Ibex 35 index shows lagging stocks with greater investment potential. Many stocks are lagging behind in the 2026 rise of the Ibex, falling between 6% and 23% this year. However, they have more than 78% buy recommendations and trade at a discount of 24% to 48%. The Ibex itself has risen over 13% so far this year, but nine of its stocks have fallen between 6% and 23% in the same period.

Fluidra, Amadeus, and Cellnex are among the most lagging stocks with the most analyst support, considering their punishment excessive and compensating for the investment with a high discount to their target prices of 24% to 50%. Inditex trails behind with a 6% decline after results due to a drop, but has a near 15% price swing. Fluidra is the most heavily punished Ibex stock in 2026, with a near 23% decline, but also has the most buy recommendations at 83.3%, trading at a discount of over 47% to 26.34 euros.

UBS and CaixaBank extend its upside beyond 30 euros. The company maintains its year-end targets after strong second-quarter results and has a 40-million euro share buyback underway, benefiting it. Fluidra leads in its industry, which is resilient and growing structurally above 5% annually, with JPMorgan considering it interesting to acquire the company at its current multiples.

It is exposed to a structurally strong residential market with expectations of 4%-6% growth and trades at more attractive multiples than its residential segment peers, according to the investment bank. Cellnex, despite rising interest rates penalizing new issuances and potentially pressuring valuation, has 80% of analysts recommending buying its tower telephone company stock.

The company raises its shareholder remuneration to 1 billion euros in 2026 and amortizes 2.68% of own shares, improving per-share parameters. Cellnex highlights its position amid European telecom consolidation, which should not reduce network and 5G investments, and opportunities from insufficient 5G investment in inland and high-density areas, as well as the potential of ground stations for satellites.