Länder Analysen: Spanien
| 20.01.11 | Banco de Sabadell SA sell | UniCredit Research | |
| 14.01.11 | Indra Sistemas sell | UniCredit Research | |
| 08.12.10 | Acerinox sell | UniCredit Research | |
| 03.12.10 | Santander sell | Société Générale Group S.A. (SG) | |
| 29.10.10 | Santander sell | Société Générale Group S.A. (SG) | |
| 22.10.10 | Banco Popular Espanol SA sell | UniCredit Research | |
| 13.09.10 | Santander sell | Société Générale Group S.A. (SG) | |
| 28.07.10 | Naturgy Energy sell | UniCredit Research | |
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| 28.07.10 | Banco Popular Espanol SA sell | UniCredit Research | |
| 22.07.10 | Naturgy Energy sell | UniCredit Research | |
| 30.04.10 | Santander verkaufen | Société Générale Group S.A. (SG) | |
| 12.04.10 | Mediaset Espana Comunicacion verkaufen | Morgan Stanley | |
| 09.04.10 | Banco Popular Espanol SA verkaufen | Société Générale Group S.A. (SG) | |
| 09.04.10 | Santander verkaufen | Société Générale Group S.A. (SG) | |
| 21.12.09 | Repsol sell | Goldman Sachs Group Inc. | |
| 15.12.09 | Repsol underweight | Barclays Capital | |
| 28.10.09 | International Consolidated Airlines sell | Société Générale Group S.A. (SG) | |
| 16.10.09 | Repsol sell | Société Générale Group S.A. (SG) | |
| 06.10.09 | Repsol sell | Citigroup Corp. | |
| 29.09.09 | Repsol sell | Société Générale Group S.A. (SG) | |
| 23.09.09 | Endesa sell | Ibersecurities | |
| 17.09.09 | Inditex sell | Ibersecurities | |
| 08.09.09 | Repsol underweight | Barclays Capital | |
| 08.09.09 | Iberdrola SA underperform | Exane-BNP Paribas SA | |
| 03.09.09 | Telefonica underperform | Sanford C. Bernstein and Co., Inc. | |
| 31.07.09 | Repsol sell | Société Générale Group S.A. (SG) | |
| 31.07.09 | International Consolidated Airlines sell | Société Générale Group S.A. (SG) | |
| 21.07.09 | Zeltia | Global Biotech Investing | |
| 10.07.09 | Santander verkaufen | Independent Research GmbH | |
| 03.07.09 | Repsol reduzieren | Independent Research GmbH | |
| 22.05.09 | International Consolidated Airlines sell | Société Générale Group S.A. (SG) | |
| 15.05.09 | International Consolidated Airlines sell | Société Générale Group S.A. (SG) | |
| 13.05.09 | Telefonica sell | Société Générale Group S.A. (SG) | |
| 11.05.09 | Repsol sell | Société Générale Group S.A. (SG) | |
| 11.05.09 | Repsol reduzieren | Independent Research GmbH | |
| 05.05.09 | Santander reduzieren | Independent Research GmbH | |
| 29.04.09 | BBVA verkaufen | Independent Research GmbH | |
| 08.04.09 | Repsol verkaufen | Hamburger Sparkasse AG (Haspa) | |
| 01.04.09 | Telefonica sell | Goldman Sachs Group Inc. | |
| 05.03.09 | NH Hoteles sell | Deutsche Bank AG | |
| 26.02.09 | Telefonica sell | Société Générale Group S.A. (SG) | |
| 19.02.09 | Iberdrola SA verkaufen | Hamburger Sparkasse AG (Haspa) | |
| 19.02.09 | Repsol sell | Ibersecurities | |
| 18.02.09 | Telefonica sell | Société Générale Group S.A. (SG) | |
| 06.02.09 | International Consolidated Airlines sell | Société Générale Group S.A. (SG) | |
| 04.02.09 | International Consolidated Airlines sell | Société Générale Group S.A. (SG) | |
| 27.01.09 | International Consolidated Airlines sell | Société Générale Group S.A. (SG) | |
| 15.12.08 | BBVA reduzieren | Independent Research GmbH | |
| 04.12.08 | International Consolidated Airlines sell | Société Générale Group S.A. (SG) | |
| 14.11.08 | Repsol underweight | JP Morgan Chase & Co. | |