Repsol stalls at highs, but aims for 30% increases
La petrolera lidera las subidas del Ibex desde enero con un alza del 79%. Berenberg sube su precio objetivo y le da un potencial del 31%. Leer
Repsol's stock price has risen by 78.96% this year, making it the top performer on the Ibex index with a 79% increase since January. The company's stock price surged yesterday, driven by the rise in oil prices, although it later declined due to selling pressure. Berenberg analysts have raised their target price for Repsol to €37.50, a 31.57% increase from current levels, citing exceptional margins and a potential share buyback.
The analysts expect Repsol's operating cash flow to increase by 40% in the quarter and 21% in 2026, to €9.5 billion, and predict a share buyback of €1.8 billion in 2026.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
