Analyst coverage and recommendation

Analyst coverage

 

Broker Analyst Recommendation* Target price Date
ALANTRA (ex N+1) Fernando Lafuente BUY 12.90 7/30/21
BANCO SABADELL Antonio Martos
BUY 12.40 6/18/21
BARCLAYS Joshua Stone EQUALWEIGHT 
10.00 2/18/21
BERENBERG Henry Tarr HOLD 9.70 2/18/21
BERSTEIN Oswald Clint OUTPERFORM

14.00

9/13/21

BESTINVER Ignacio Arce BUY 14.95 4/14/21
BOA-MERRILL LYNCH Mehdi Ennebati NEUTRAL
11.60
6/21/21
BPI Pedro Sousa Alves BUY 14.20 7/9/21
CITIGROUP Alastair Syme BUY 12.40 3/23/21
DEUTSCHE BANK
James Hubbard
BUY 13.80 9/20/21
EQUITA
Massimo Bonisoli
HOLD 11.70
7/23/21
EXANE BNP PARIBAS
Lucas Hermann
NEUTRAL 10.60
8/2/21
GOLDMAN SACHS
Michele Della Vigna NEUTRAL 
14.00
6/30/21
GVC ESN Victor Peiró BUY 13.00     12/1/20
HSBC
Kim Fustier HOLD 10.10 8/6/21
JEFFERIES Giacomo Romeo
HOLD
10.00 8/5/21
JP MORGAN CAZENOVE Matthew Lofting OVERWEIGHT 14.00 9/16/21
KEPLER CHEUVREUX Pablo Cuadrado BUY 13.50 7/12/21
MEDIOBANCA Alessandro Pozzi NEUTRAL 11.40 7/21/21
MIRABAUD Alvaro Navarro BUY 12.00 4/2/20
MORGAN STANLEY Martijn Rats EQUALWEIGHT
10.90 4/12/21
ODDO SECURITIES Ahmed Ben Salem NEUTRAL
11.50 3/12/21
RBC SECURITIES Biraj Borkhataria SECTOR PERFORM 12.50 6/10/21
REDBURN Peter Low SELL 8.80 9/1/21
SANTANDER Jason Kenney BUY 12.60 12/4/20
SOCIETE GENERALE Irene Himona BUY 13.00 8/16/21
UBS Jon Rigby BUY 11.30
3/15/21
    AVERAGE 12.14

“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. Also, due to the dynamic nature of this information, it may not be perfectly updated at all times.

This information is provided voluntarily by REPSOL for merely informative purposes. REPSOL has no intention of providing any type of investment-related recommendation or assessment.

The interpretations, estimates, opinions, forecasts, predictions, price targets, hypotheses, conclusions, and recommendations, in addition to any non-factual information related to REPSOL's performance analyzed by the Analysts, are exclusively theirs and, therefore, do not represent the interpretations, estimates, opinions, forecasts, predictions, target prices, hypotheses, conclusions, or recommendations of REPSOL or any of its directors or employees.

The publication of this list or of information on Analyst coverage, including the estimated results consensus or the average of the target prices, does not imply any type of endorsement or ratification by REPSOL of the interpretations, estimates, opinions, forecasts, predictions, price targets, hypotheses, conclusions and recommendations of the Analysts. REPSOL does not guarantee and has not adopted any measure to verify the accuracy, suitability, or exhaustiveness of this information, and under no circumstance does it assume responsibility for any inaccuracies, omissions, or errors contained therein; conclusions drawn therefrom; or any decision made based this information. This declaration also applies to the Analysts' obligation to document all circumstances that could reasonably jeopardize the objectivity of their recommendations and, in particular, all the relevant financial interests in the financial securities and instruments that constitute the object of the recommendation or conflicts of interest with the issuer to which the recommendation makes reference."