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Analysts coverage



Analyst Month Recommendation Target Price (1)
Santander March 2019 Buy
Ahorro Corporación May 2019 Buy 3,80
Norbolsa May 2019 Buy 3,81
GVC Gaesco July 2019 Buy 3,70
BBVA July 2019 Overweight 3,80
Mirabaud July 2019 Buy 3,50
Cheuvreux July 2019 Buy 3,30
JB Capital Markets July 2019 Buy 4,00
Fidentiis July 2019 Buy 3,50
BPI July 2019 Buy 3,90


(1) Euros per share



TUBACEX announces consolidated results and ends 2019 with an EBITDA of €67.1 million

2019 has marked a turning point for recovery as TUBACEX order intake demonstrates. Although far from pre-crisis levels it has experienced an increase of 30% in relation to the previous year. This gradual and general market recovery is also enabling operating leverage ratios to be maintained for all business units and therefore, achieving double-digit consolidated margins.

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TUBACEX consolidates growth increasing its backlog

TUBACEX order intake continues to grow month by month and it now stands at 40% above the average for recent years. TUBACEX is involved in the final negotiation stages of large projects expected to be closed in the short term, which will represent an...

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