Research Disclosures & Disclaimers

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Ferrovial (FER.MC)*

UBS Rating and Price Target History Chart

Line chart explaining Price target vs Stock Price is described in below table

EQ Rating & Price Target Table

Date	Stock Price (€)	Price Target (€)	Rating
2022-02-28	23.72	26.311	Neutral
2022-08-02	25.72	27.804	Neutral
2023-01-09	25.45	29.00	Buy
2023-06-19	29.12	32.50	Buy
2023-09-29	28.97	-	No Rating
2024-02-19	35.16	42.00	Buy
2024-07-16	38.24	43.00	Buy
2024-08-02	36.18	42.00	Buy
2024-12-02	39.66	44.00	Buy
2025-02-19	43.06	49.00	Buy

Disclosures

UBS Securities LLC makes a market in the securities and/or ADRs of this company.

Note : Historical Price Targets have been adjusted to account for any stock splits, rights issues and/or dividends which may have occurred for this security. Not Priced: Stock was not priced on the given date. No Rating: Issuer was not rated by UBS on the given day. No Price Target: For this issuer no Price Target was set by UBS on the given day. Issuers with an EQ Rating & Price Target Table are covered by UBS-IB Equity Research Analysts. Issuers without an EQ Rating & Price Target Table are not single stock covered.

* Issuers marked with an asterisk are covered by UBS-IB Equity Research Analysts. Issuers without an asterisk are not single stock covered.