Jpmorgan Drives Ferrovial and Stops Aena

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Ferrovial’s shares lived yesterday a session of increases in a flat trend session for the Spanish market thanks to a positive note from JP Morgan. The US bank has a recommendation of On Weighting in Ferrovial with a target price of 53 euros that represent a potential of more than 10%, but even more indicative is that it includes it as its favorite value of the European infrastructure sector in its Analyst Focus List (AFL).

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JPMorgan analysts update their perspectives on European infrastructure companies. They highlight their preference for the motorway business over the airport business, so they choose Ferrovial as the best positioned in the sector and move more suspicions over Aena. Read