Deutsche Bank cuts target to EUR 48.50 for Ferrovial stock

Published on 10/22/2026 at 11:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Deutsche Bank cut Ferrovial stock to Hold on October 20, 2026. The stock costs EUR 43.95 on October 22, 2026 against a EUR 48.50 target.

Analyst view and reporting date

Deutsche Bank shifted Ferrovial to Hold and set a EUR 48.50 target on October 20, 2026.
Ferrovial was selected for a USD 8.9 billion Georgia express-lanes project on October 15, 2026.
Ferrovial stock traded at EUR 43.95 at 11:45 a.m. CEST at Lang & Schwarz on October 22, 2026.
Ferrovial is scheduled to publish third-quarter 2026 results on October 27, 2026.

Börsenszene mit Sektorcharts symbolisiert Ferrovial SE, ISIN NL0015001IX2, Aktienhandel — Börsen-Editorialfoto mit Sektorcharts am belebten Handelsplatz repräsentiert Ferrovial SE, ISIN NL0015001IX2, notiert an Euronext Amsterdam, Illustration mit AI erstellt.

Ferrovial (ISIN NL0015001FS8) traded at EUR 43.95 at Lang & Schwarz on October 22, 2026 at 11:45 a.m. CEST. Markets Insider reported on October 20, 2026 that Deutsche Bank downgraded the stock from Buy to Hold and set a EUR 48.50 price target.

Analyst caution meets infrastructure growth

The rating change puts the next results release at the center of the investor debate. Deutsche Bank's target remains EUR 4.55 above the Lang & Schwarz price, but the report does not state a previous target for the comparison.

Ferrovial's most recent company milestone was its selection for Georgia's I-285 East Express Lanes project. The company's investor-relations page dated the selection October 15, 2026 and valued the project at USD 8.9 billion. Ferrovial lists the project among its latest releases.

What does the project mean for earnings?

The contract expands Ferrovial's North American managed-lanes exposure, while the financial effect will depend on project timing and construction execution. The company reported historical fiscal-year 2025 revenue of EUR 9.6 billion and total liquidity of EUR 5.1 billion on its investor-relations page, providing scale for the new award.

Three dated Ferrovial developments

On October 15, 2026, Ferrovial was selected for the USD 8.9 billion I-285 East Express Lanes project. On October 20, 2026, Deutsche Bank moved its rating from Buy to Hold and set a EUR 48.50 target. On October 22, 2026, the stock traded at EUR 43.95 at Lang & Schwarz at 11:45 a.m. CEST.

Upcoming reporting dates

Investing.com reported that Ferrovial will publish third-quarter 2026 results on October 27, 2026, after the U.S. market close. The company plans its results conference call for October 28, 2026, at 3:00 p.m. CET.

Stock price and next catalyst

For investors, the key question is whether the Georgia award and the upcoming results can add operating visibility to the infrastructure portfolio. Ferrovial traded at EUR 43.95 at Lang & Schwarz on October 22, 2026 at 11:45 a.m. CEST.

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