The stock valuation of the analysed Spanish companies amounts to €1,262,099.03 million at the close of August 2026, which represents a increase of +13.6% relative to the close of 2025.
The weighted average target price is €11.34, down -6.9% compared to the previous year, while the weighted average market quotation is €10.55 (which has decreased by -12.6% compared to the previous year). Therefore, the weighted average discount between the quotation and the target price is -6.9%.
The weighted average Price/Earnings ratio is 18.34 times earnings (which has decreased by -1.2% compared to the close of the previous year); the inverse of this ratio gives a return on earnings of 5.45% (which represents an increase of +1.1% compared to last year).
The average recommendation is 2.03 points, practically equally buying as at the close of 2025 (it is considered that between 1 and 2 points is “clear buy” and between 3.5 and 5 is “clear sell”).
Stocks to buy
There are now 41 stocks between 1 and 2 points, at the close of 2025 there were 44:
Inditex, Amadeus, IAG, Cellnex, Logista, Almirall, Puig Brands, Cirsa, Neinor, Faes, Pharmamar, DIA, Atresmedia, Aedas, Arcelor, Repsol, Acerinox, Cie Automotive, Vidrala, Indra, Técnicas Reunidas, Ence, Tubacex, Ferrovial, Merlin Properties, FCC, Inmobiliaria Colonial, Sacyr, OHLA, Iberdrola, Naturgy, REDEIA, Enagas, Fluidra, Global Dominion, Santander, BBVA, Caixabank, Mapfre, Unicaja and Indexa Capital.
Stocks to sell
There are now 6 stocks between 3.5 and 5 points, at the close of 2025 there were 7:
Grifols, Viscofan, Melia, Gestamp Automocion, Talgo and Endesa.
| Stocks | Target Price | EPS | Recommendation |
| ACCIONA | 253.00 | 10.93 | 3.00 |
| ACCIONA ENERGIA | 25.00 | 1.14 | 3.00 |
| ACERINOX | 19.20 | 1.03 | 1.00 |
| ACS | 113.65 | 3.20 | 2.50 |
| AEDAS HOMES | 24.00 | 3.36 | 1.00 |
| AENA | 27.40 | 1.56 | 2.50 |
| ALMIRALL | 14.25 | 0.37 | 2.00 |
| AMADEUS | 60.10 | 3.14 | 1.00 |
| ARCELORMITTAL | 68.20 | 5.09 | 1.00 |
| ATRESMEDIA | 5.61 | 0.58 | 2.00 |
| BANCO DE SABADELL | 3.80 | 0.35 | 3.00 |
| BANCO SANTANDER | 14.25 | 1.06 | 1.00 |
| BANKINTER | 13.96 | 0.95 | 3.00 |
| BBVA | 28.00 | 2.12 | 1.00 |
| CAF | 55.40 | 3.97 | 3.00 |
| CAIXABANK | 14.05 | 0.92 | 1.00 |
| CELLNEX TELECOM | 41.80 | -0.44 | 1.00 |
| CIE AUTOMOTIVE | 36.60 | 3.19 | 1.00 |
| CIRSA | 23.00 | 0.58 | 2.00 |
| COLONIAL SFL | 6.90 | 0.38 | 1.33 |
| DIA | 52.10 | 1.44 | 2.00 |
| EBRO FOODS | 20.00 | 1.32 | 3.00 |
| ENAGAS | 18.90 | 0.90 | 1.00 |
| ENCE | 3.70 | -0.14 | 1.00 |
| ENDESA | 31.87 | 2.00 | 4.00 |
| FAES | 6.00 | 1.16 | 2.00 |
| FCC | 15.00 | 0.61 | 1.00 |
| FERROVIAL | 57.00 | 0.86 | 1.00 |
| FLUIDRA | 27.50 | 1.08 | 1.00 |
| GESTAMP AUTOMOCION | 3.30 | 0.27 | 5.00 |
| GLOBAL DOMINION | 5.25 | 0.14 | 2.00 |
| GRIFOLS | 15.15 | 0.77 | 5.00 |
| IAG | 5.30 | 0.62 | 1.00 |
| IBERDROLA | 21.80 | 0.97 | 1.00 |
| INDEXA CAPITAL | 18.20 | 0.05 | 2.00 |
| INDITEX | 60.00 | 2.17 | 1.00 |
| INDRA | 67.85 | 1.93 | 1.50 |
| LOGISTA | 39.70 | 2.14 | 1.00 |
| MAPFRE SA | 4.21 | 0.23 | 1.00 |
| MELIA HOTELS | 8.60 | 0.71 | 5.00 |
| MERLIN PROPERTIES | 19.60 | 0.53 | 1.00 |
| NATURGY | 29.80 | 2.15 | 1.00 |
| NEINOR HOMES | 21.10 | 1.78 | 1.00 |
| OHLA | 0.70 | -0.04 | 1.50 |
| PHARMA MAR | 100.00 | 4.10 | 1.00 |
| PRISA (Promotora Informa) | 4.20 | -0.01 | 3.00 |
| PROSEGUR | 4.00 | 0.12 | 3.00 |
| PROSEGUR CASH (CASH) | 0.88 | 0.07 | 3.00 |
| PUIG BRANDS | 20.80 | 1.02 | 2.00 |
| RED ELECTRICA (REDEIA) | 16.50 | 0.93 | 1.00 |
| REPSOL | 30.10 | 2.64 | 1.50 |
| ROVI | 63.00 | 2.67 | 3.00 |
| SACYR | 4.78 | 0.18 | 1.50 |
| SOLARIA | 20.00 | 1.04 | 3.00 |
| TALGO | 3.10 | 0.04 | 5.00 |
| TÉCNICAS REUNIDAS | 36.00 | 2.30 | 1.50 |
| TELEFONICA | 4.00 | 0.18 | 3.00 |
| TUBACEX | 4.10 | 0.14 | 2.00 |
| UNICAJA | 3.80 | 0.24 | 1.00 |
| VIDRALA | 107.51 | 10.81 | 2.00 |
| VISCOFAN | 45.70 | 3.47 | 5.00 |
