|ALANTRA (ex N+1)||Fernando Lafuente||BUY||10.00||10/8/2020|
|BANCO SABADELL||Javier Esteban||BUY||10.80||6/8/2020|
|BOA-MERRILL LYNCH||Mehdi Ennebati||BUY||9.00||10/30/2020|
|BPI||Pedro Sousa Alves||BUY||13.35||7/8/2020|
|CREDIT SUISSE||Thomas Adolff||UNDERPERFORM||8.80||11/2/2020|
|EXANE BNP PARIBAS||Alwyn Thomas||NEUTRAL||7.50||8/12/2020|
|GOLDMAN SACHS||Michele Della Vigna||BUY||11.50||11/18/2020|
|GVC ESN||Victor Peiró||BUY||11.00||9/25/2020|
|JP MORGAN CAZENOVE||Matthew Lofting||NEUTRAL||8.00||10/15/2020|
|KEPLER CHEUVREUX||Pablo Cuadrado||BUY||9.50||11/12/2020|
|MORGAN STANLEY||Martijn Rats||EQUALWEIGHT||7.50||8/10/2020|
|ODDO SECURITIES||Ahmed Ben Salem||REDUCE||7.50||10/30/2020|
|RBC SECURITIES||Biraj Borkhataria||OUTPERFORM||9.00||11/17/2020|
|SOCIÉTÉ GÉNÉRALE||Irene Himona||BUY||12.00||5/28/2020|
"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.
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, price targets, hypotheses, conclusions, or recommendations of REPSOL or any of its directors or employees.
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