Additional European Equity News

Ferrovial (FER SM) - Co. said it has implemented a buy-back program of up to EUR 500mln. (Newswires) 

Societe Generale (GLE FP) - Reached agreement with Saham group for disposal of Societe Generale Marocaine de Banques and La Marocaine Vie, its Moroccan unit for EUR 745mln. Expected to have a negative accounting impact of approx. EUR -75mln on Q1'24 results. Transaction will have an estimated positive effect of around 15bps on Co's CET1 ratio upon completion. (Newswires) 

ABN AMRO (ABN NA) downgraded to Neutral at Goldman Sachs

BBVA (BBVA SM) downgraded to Sell at Goldman Sachs 

Evotec (EVT GY) upgraded to Buy from Hold at Deutsche Bank

ING (ING NA) downgraded to Neutral at Goldman Sachs

Mondi (MNDI LN) upgraded to Neutral from Underperform at BNP Paribas 

Pandora (PNDORA DC) downgraded to Sell from Neutral at Goldman Sachs 

12 Apr 2024 - 07:10- Equities- Source: Newsquawk

Diversified BanksBanksBanks (Group)EquitiesEuropeSociete Generale SAMondi PLCPaper ProductsPaper & Forest ProductsMaterials (Group)FranceFerrovial SAEvotec AGGoldman Sachs Group Inc/TheMNDI.LNFER.SMGLE.FPBBVA.SMEVT.GYPNDORA.DCCAC 40 IndexEURO STOXX 50Pandora A/SUnited KingdomNetherlandsBNPABN.NAMNDIDeutsche Bank AGABNGLEBBVADiversified Capital MarketsABN Amro Bank NVBanco Bilbao Vizcaya Argentaria SACapital MarketsFinancial ServicesBNP Paribas SAAEX 25 IndexFTSE 100 IndexEUREU SessionAsian SessionHighlightedSpain

Subscribe Now to Newsquawk

Click here for a 1 week free trial

Newsquawk provides audio news and commentary for over 15,000professional traders and brokers worldwide. Services include: