Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

BNP "deja de ponerse de lado" en Sabadell y eleva un 23% su valoración

Los analistas de Exane BNP Paribas vuelven a apostar decididamente por Banco Sabadell, hasta el punto de emitir la valoración más elevada de todas las vigentes sobre el integrante del Ibex. Leer

BNP "deja de ponerse de lado" en Sabadell y eleva un 23% su valoración

Exane BNP Paribas analysts have once again decided to recommend Banco Sabadell with the highest valuation among all Ibex-listed banks. The French firm has incorporated Sabadell back onto its list of stocks and is now prioritizing it. Previously, they only recommended maintaining a neutral position, with shares expected to rise 79% in 2025 and 68% in 2024.

The analysts cite several factors driving this change in stance, including improved profitability ratios and a projected return on equity (ROE) of 19% in 2028, surpassing the average for Spanish banks. This rise in profitability is attributed to factors such as reduced provisions and an estimated 5.5% annual growth in commissions over the period of 2025-2028.

With these projections in mind, Exane BNP Paribas has raised its price target for Banco Sabadell shares from 3.70 euros to 4.30 euros, representing a 23% increase from the previous valuation and the highest valuation among all Ibex-listed banks.

Written by urgent.news from Expansion ES's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at expansion.com →

More in Finance & Markets

More from Thursday 24 September →