Two weeks ago the open position in Fluidra was closed, of which a 10% return was obtained and CaixaBank was included on the radar, for which it had to retreat by approximately 5% to enter The Strategic Portfolio. However, in these two weeks the Catalan bank has only revalued, moving away from 10% of the level at which it would become part of a tool that is currently at 90% exposure.
For this reason, it has been decided to change the company that occupies that place on the radar and introduce BBVA, which in recent months has been highly conditioned by the takeover bid launched against Sabadell. In any case, it is the bank that has advanced the least this year on the trading floor, only 12%. Therefore, it is the one that has least appreciated the high interest rate environment that continues to prevail in the eurozone despite the recent cuts carried out by the ECB.
Thus, the consensus of analysts has not lowered its average valuation in this time, which remains at 11.5 euros, which implies an upside potential of 24% from current levels. Half of analysts recommend buying.
On the other hand, in the coming days The Wallet expects to collect Santander’s dividend, which will be distributed on November 1. This payment will be 0.1 euroswhich at current prices means a profitability of 2.1%. In order to collect it, you must have the shares before October 30.
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