ACS stock: JPMorgan sets EUR 127.00 target for ACS stock
Published on 10/19/2026 at 16:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst view and trading date
- On October 15, 2026, JPMorgan initiated coverage with a EUR 127.00 target for ACS.
- ACS is due to publish nine-month results on November 12, 2026.
- ACS stock costs EUR 89.00 at Lang & Schwarz on October 19, 2026 at 4:12 p.m. CEST, 0.23 percent above the Tradegate close of October 16, 2026.
- ACS had a market capitalization of EUR 23.6 billion on October 19, 2026.
JPMorgan initiated coverage of ACS with an Overweight rating and a EUR 127.00 price target on October 15, 2026, placing the target 42.70 percent above the EUR 89.00 Lang & Schwarz price. ACS stock was trading at EUR 89.00 at Lang & Schwarz on October 19, 2026 at 4:12 p.m. CEST, up 0.23 percent versus the Tradegate close of October 16, 2026.
JPMorgan target leaves a 42.70 percent gap
According to Markets Insider, JPMorgan sees a compelling entry point after recent weakness and expects ACS growth prospects to remain intact. The target is a market reference in euros, while the current German quote is modestly above the October 16 Tradegate close.
November 12 brings the next date
ACS is scheduled to publish and present its nine-month 2026 results on November 12, 2026, alongside its 2026 Capital Markets Day. The date appears in the official investor agenda of Grupo ACS. That combination gives investors two scheduled points for checking progress on growth, margins and capital allocation.
Range and valuation frame the quote
The finance quote puts ACS market capitalization at EUR 23.6 billion on October 19, 2026 and gives a trailing P/E ratio of 22.90. The 52-week range runs from EUR 69.50 to EUR 141.20, leaving the stock 36.97 percent below its high and 28.06 percent above its low. On BME, ACS was last at EUR 88.90 at 4:10 p.m. CEST on October 19, 2026.
ACS stays tied to infrastructure growth
ACS operates in engineering and construction, with infrastructure activity across Spain and international markets. Its first-half 2026 operating picture remains a key backdrop for the scheduled November update: Benzinga reported that ordinary net profit reached EUR 510 million in the first half, up 30.10 percent year over year. The next report will show whether that operating momentum continued into the nine-month period.
Price position remains the market frame
The quote is close to the lower half of ACS's 52-week range, while the JPMorgan target stands materially above the current euro price. The next scheduled corporate date is November 12, 2026, when the nine-month results and Capital Markets Day are due.
The further course of trading is shown by the continuously updated real-time quote of ACS stock.
ACS stock facts
- Company: ACS, Actividades de Construcción y Servicios, S.A.
- ISIN: ES0167050915
- Ticker: ACS
- Primary exchange: BME
- Price Lang & Schwarz (as of October 19, 2026, 4:12 p.m. CEST): EUR 89.00
- Change versus Tradegate close: plus 0.23 percent
- Tradegate close (October 16, 2026): EUR 88.80
- Market capitalization: EUR 23.6 billion (as of October 19, 2026)
- 52-week range: EUR 69.50-EUR 141.20 (as of October 19, 2026)
- Sector / Industry: Industrials / Engineering and Construction
- Index membership: IBEX 35
Market context: Market report IBEX 35.
