Citi raises target for Acerinox stock from EUR 18.00 to EUR 20.00

Published on 10/01/2026 at 12:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Acerinox earned EUR 77.0 million in the first half of 2026. Acerinox stock costs EUR 17.35 on October 1, 2026 after EUR 17.33, plus 0.12 percent.

Glühende Stahlcoils in einem Edelstahlwerk mit Arbeitern in Schutzausrüstung — Fotorealistische Ansicht eines Edelstahlwerks zeigt Acerinox S.A. (ISIN ES0132105018) mit glühenden Stahlcoils und Arbeitern, Illustration mit AI erstellt.

Acerinox (ISIN ES0132105018) stock was trading at EUR 17.35 at Lang & Schwarz on October 1, 2026 at 12:44 p.m. CEST, up 0.12 percent versus the prior close of EUR 17.33. The latest analyst move came from Citi, which raised its Acerinox price target from EUR 18.00 to EUR 20.00 on September 15, 2026, while maintaining its buy recommendation, according to Bolsamania.

First-half profit turns positive

Acerinox reported net profit of EUR 77.0 million in the first half of 2026, compared with a EUR 18.0 million loss in the first half of 2025. EBITDA reached EUR 271.0 million, an increase of 27.00 percent from the prior-year period, according to Estrategias de Inversion. The figures give the target increase a clear operating backdrop, but they also leave execution in the second half of 2026 as the key test for the valuation.

Targets point above the market price

Citi's EUR 20.00 target stands 15.29 percent above the Lang & Schwarz price of EUR 17.35, using the same euro currency. Deutsche Bank also raised its Acerinox target from EUR 20.00 to EUR 20.50, a September 4, 2026 decision reported by Estrategias de Inversion. That target is 18.21 percent above the reference price, showing that the analyst case depends on further earnings delivery rather than a single market session.

Stock stays below its yearly high

Acerinox has a market capitalization of EUR 4.3 billion as of October 1, 2026. Its 52-week range is EUR 11.03 to EUR 18.58, placing the Lang & Schwarz price 6.62 percent below the high; the next earnings date is October 30, 2026, according to Investing.com.

Trading snapshot for Acerinox

The stock was trading at EUR 17.35 at Lang & Schwarz on October 1, 2026 at 12:44 p.m. CEST, plus 0.12 percent versus the Lang & Schwarz prior close of EUR 17.33. Acerinox is listed on BME Madrid under ticker ACX and is part of the IBEX 35.

The further course of trading is shown by the continuously updated real-time quote of Acerinox stock.