Spanish stocks - Factors to watch on Oct 20

By Reuters News

Oct 20 (Reuters) - The following Spanish stocks may be affected by newspaper reports and other factors on Tuesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy:


BANCO SANTANDER SAN.MC

Santander has hired KPMG to seek a partner for a corporate insurance business in which the bank would retain a 49% stake and sell 51% to its new partner, inviting WTW, Aon and Sabseg to participate in the process, Spanish newspaper Expansion reported on Tuesday.

Separately, Jefferies cut Santander to "hold" from "buy" and raised its target price to €13 from €12.


REPSOL REP.MC

Repsol is preparing a substantial increase in shareholder remuneration, including a share buyback expected to exceed those carried out in recent years, Cinco Dias reported on Tuesday, citing industry sources.


BANKINTER BKT.MC

Jefferies raised Bankinter to "buy" from "hold" and raised its target price to €18 from €17.


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