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The most tempting companies to invest in the second half of 2024

The most tempting companies to invest in the second half of 2024

Five Ibex 35 companies exceed the 35% potential with average advice in all purchase cases for the second half of 2024. These are companies that have lagged behind the most bullish of the year, but this does not correspond to the most bearish values ​​of the year, at least not for all of them.

The truth is that the announced overbuying in securities that remain close, despite the corrections, to maximums has left some behind, such as Inditex, ACS either Indrain future potentiality.

In this way we verify, as according to the consensus average that Reuters collects right now, These are the Top 5 in terms of possible upward movement in the market.

With a potential of 69% it tops this list Grifols A one of the most followed values ​​right now, due to the opening of books that is established with the Canadian fund Brookfield before the Grifols family. Study of accounts with the idea of ​​raising a takeover bid for the stock which, for the moment, presents numerous unknowns.

From the amount of offers to make it attractive to shareholders, the overall valuation of the companyetc…This consensus leads the value to a target price of 16.77 euros per share.

At the moment, its volatility is due to the news on this matter has led it to recover 21.3% in the last week, but it continues to lose 36% in the market since the beginning of the year.

For the moment, analysts continue to bet on value, the last two, Alphavalue/Baader Europe, which is betting on buying with PO which rises to 20.5 euros from the previous 20while JB Capital is leaving its bet on buying with target price down to 18.40 euros from the previous 18.80.

The second goes through ArcelorMittalanother value punished in the year, which presents cuts of 17.32%, but with an average target price of 32.86 euros per share, its possible upward progression since its current price is 56.6%.

The rest of the analysts, in their latest recommendations, place their potential, In the case of Santander, 40% with a PO of 29.72 euros and neutrally Sabadell recommends buying the stock, with a possible upward progression of 70% and a target price of 36 euros.

The other steel company in the Ibex 35, Acerinox which is down 7.23% this year but up 1.28% this week, has a potential upside of 42% to 13.98 euros per share, according to the average consensus of Reuters analysts.

Among his latest advice, highlights the 38.6% possible upward trend that BNP Paribas Exane draws for the value with a PO of 13.70 euros and 17.3%, with a neutral bet, from CaixaBank BPI with 11.60 euros of PO for the value.

The fourth value within the Ibex 35 with the most potential according to analysts is Accionaanother of the big losers this year in the market, with accumulated falls of 18% so far this year, almost 8% accumulated in the last month and a 3.3% drop in the last week.

A potential of 37.5% to 149.76 euros per share, which even raises, in individual councils CaixaBank, with 158 euros of PO and 44.7% of possible increase, while Oddo BHF places its target price at 12 euros and its potential at 10.8% from its current trading levels.

Finally, Cellnex and its 42.2 euros that the consensus of experts, in the opinions collected by Reuters, lead the telecommunications infrastructure company to establish an upside potential for the value of 35.78% from its current listing price.

So far this year, the value has fallen by 12% and in the last month it has lost more than half of that amount, 6.72%. But for BNP Paribas Exane, which is overweight in the market, its potential is 37% and a PO of 43 euros per share.

Possible advances for the value that, for CaixaBank BPI, go much further. Up to 54.29% with a target price of 48.40 euros per sharewhile his advice on the value is to buy.

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