Back of the analysts of Santander Group to Repsol, with an improvement in the target price to the 18 euros per sharefrom the previous 15.50 euros. The recommendation remains in ‘overflow’.
The improvement comes after the accounts presented last week by the oil company. Repsol announced on Thursday to the market that reduced its benefit in the first semester by 62.9%, up to a figure of 603 million euros, while Ebitda fell 25.7%, to 3,078 million, penalized by the evolution in oil prices.
However, the company has put a New repurchase of shares of 350 million euros to reduce capital, thus fulfilling the commitment of remuneration to the shareholder of 2025.
Grupo Santander is confirmed as one of the most optimistic analysis houses on the future stock market. According to the data collected by Reuters, the majority recommendation that receives the value is’keep‘and the average objective price, of 13,72 eurosis only slightly above the current contribution.
Today Repsol shares rise 0.37% in mid -morning to mark 13,635 euros at IBEX 35, touching the 13.65 euros that came to play last Fridayand that are your highest crossing of the last year. The titles have risen 44.8% since its minimum of April 9, when it fell to 9,414 euros.