Investors

Analysts Coverage

Analysts Coverage
Signature	Analyst	Target Price	Rating	Date
Ahorro Corporación Financiera SA	José Martín Vivas	22,5	Buy	may-12
Banesto	Antonio Cruz-Guzmán	22.13	Hold/Buy	apr-12
Bankia Bolsa	Victor Peiró	19.10	Hold	mar-12
Barclays Capital	Monica Girardi	28	Hold/Buy	may-11
BBVA	Isidoro del Álamo	16.29	Hold	apr-12
Berenberg	Stefano Bezzato	21	Hold	mar-12
La Caixa	Fernando Murillo	27.9	Buy	oct-11
Cheuvreux	José Porta	17.18	Hold/Buy	may-12
Citigroup	Antonella Bianchessi	20	Buy	sep-11
Espirito Santo Research	Fernando García	22.10	Buy	feb-12
Exane BNP Paribas	José Javier Ruiz	15.6	Hold	apr-12
Goldman Sachs	Mariano Alarco	21	Hold	mar-12
Hammer	Chris Moore	23	Buy	sep-11
Interdin	Alejandro Miranda	22.8	Hold	mar-12
Inverseguros	Miguel Sánchez	19.6	Buy	apr-12
JB CapitalMarkets	Cesar Gonzalez	28.2	Hold/Buy	oct-11
JPMorgan	Javier Garrido	18.50	Hold	jan-12
Macquarie	Matthias Heck	14	Hold/Sell	jan-12
Merrill Lynch-BofA	Pablo Cuadrado	17,3	Hold	apr-12
Morgan Stanley	Anna Maria Sacaglia	21.70	Hold	mar-12
MF Global	Ashley Thomas	23.8	Buy	nov-11
N+1 Equities	Fernando Lafuente	16.69	Hold	may-12
Nomura	Javier Suárez	19	Buy	jan-12
Santander	Bosco Muguiro	26.6	Buy	apr-12
Société Générale	Jorge Alonso	14	Hold	may-12
S&P	Clive Roberts	22	Buy	nov-11
UBS	Alberto Gandolfi	13	Hold	may-12
Unicredit	Javier Suarez	24	Buy	sep-11