HSBC gives more energy in Ibex to Iberdrola and Endesa

A day after confirmation of another interest rate cut by the ECB, analysts at HSBC revised upwards their ratings on shares of Iberdrola and Endesa, widening the margin for further increases in their shares.

Utilities accrue a average revaluation greater than double digits since the beginning of August, the stock market rally, encouraged by the reduction of interest rates and the prospects for a more favorable development of energy prices

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