|AHORRO CORPORACIÓN||Luis Padrón||BUY||10.50||5/5/2020|
|ALANTRA (ex N+1)||Fernando Lafuente||BUY||11.60||6/8/2020|
|BANCO SABADELL||Javier Esteban||BUY||10.80||6/8/2020|
|BBVA||Luis de Toledo||OUTPERFORM||14.70||2/21/2020|
|BERNSTEIN||Oswald Clint||MARKET PERFORM||11.00||3/9/2020|
|BOA-MERRILL LYNCH||Christopher Kuplent||BUY||11.10||5/6/2020|
|CREDIT SUISSE||Thomas Adolff||OUTPERFORM||15.00||4/2/2020|
|DEUTSCHE BANK||Yuriy Kukhtanych||HOLD||13.00||2/28/2020|
|EXANE BNP PARIBAS||Alwyn Thomas||OUTPERFORM||11.00||3/10/2020|
|GOLDMAN SACHS||Michele Della Vigna||BUY||13.00||6/30/2020|
|GVC GAESCO BEKA||Victor Peiró||BUY||14.00||3/23/2020|
|JP MORGAN CAZENOVE||Matthew Lofting||NEUTRAL||10.00||4/21/2020|
|KEPLER CHEUVREUX||Pablo Cuadrado||BUY||11.50||4/23/2020|
|MORGAN STANLEY||Martijn Rats||EQUALWEIGHT||7.80||17/4/2020|
|ODDO SECURITIES||Ahmed Ben Salem||REDUCE||9.50||4/21/2020|
|RBC SECURITIES||Biraj Borkhataria||OUTPERFORM||11.00||7/6/2020|
|SOCIÉTÉ GÉNÉRALE||Irene Himona||BUY||12.00||5/28/2019|
"Repsol regularly posts an average of the Target Prices published by entities and professionals that periodically issue investment recommendations on REPSOL in the "Analysts" section of its website (hereinafter "Analysts"). This list is not exhaustive. It does not include all the entities and professionals that issue investment recommendations on REPSOL and is subject to change.
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