|Bid||11.300 x 1000|
|Ask||11.590 x 151400|
|Day's range||11.255 - 11.495|
|52-week range||10.280 - 11.890|
|PE ratio (TTM)||6.74|
|Forward dividend & yield||0.39 (3.32%)|
|1y target est||12.70|
Global pension funds, insurers and other investors are holding back on buying office space in Catalonia due to fears a split from Spain could lead to an exodus of business from the region. Corporate property in the wealthy northeast and its capital Barcelona has been a hot ticket but interest has cooled since October's disputed independence referendum and pro-independence parties' bid to reinstate sacked leader Carles Puigdemont. Investment in office space in Catalonia from October to December dropped by 63 percent from the previous quarter and 84 percent on the year-ago period to 71.5 million euros (£63.3 million), according to data provided by Los Angeles-based real estate services and investment adviser CBRE.
Spanish stocks fell on Friday after Catalan separatists won a slim majority in a regional election, deepening a political crisis which has hurt the economy and caused a business exodus from the region. Spain's IBEX (.IBEX) fell 1.2 percent after voters backed separatist parties in a rebuke to Prime Minister Manuel Rajoy and European Union leaders. "This is Groundhog Day, we have been here," said Christopher Peel, chief investment officer at Tavistock Wealth.
A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** Barclays says that the Offshore Oil & Gas industry shows signs of life, and that the worst appears to be behind ...