Two weeks ago, the open position on Fluidra was closed, of which a yield of 10% was obtained and CaixaBank was included on the radar, for which it had to fall by around 5% to enter The strategic portfolio. However, in these two weeks the Catalan bank has only revalued, moving away by 10% from the level at which it would be part of a tool currently exposed to 90%.
It is for this reason that it was decided to change the company that occupies this place on the radar and introduce BBVA, which has been strongly conditioned in recent months by the public takeover bid launched against Sabadell. In any case, it is the bank which has made the least progress this year on the trading floor, only 12%. It is therefore the one who least appreciated the high interest rate environment which continues to prevail in the euro zone despite the recent reductions made by the ECB.
Thus, the consensus of analysts has not lowered its average valuation over this period, which remains at 11.5 euros, which implies an upside potential of 24% compared to current levels. Half of analysts recommend buying.
However, in the coming days The portfolio hopes to receive the dividend from Santander, which will be distributed on November 1st. This payment will be 0.1 euroswhich, at current prices, means profitability of 2.1%. To recover them, you must have the shares before October 30.
