Repsol actions fail to join the advances that dominate in IBEX 35, with a mid -morning decrease of 0.39% to mark 12.79 euros in the selective. Today the value has received a cut in the target price by Intesa Sanpaolothat no longer sees bullish potential in the oil company.
Specifically, Insa Sanpaolo maintains its recommendation of ‘neutral‘For Repsol, but it cuts the target price of 12.20 euros to 11.80 euros per action. The new assessment is 8% below of the price of the closure of Wednesday (12.84 euros).
Repsol came to play some annual maximums last July 15 at 13,805 eurosbut he has lost bellows in the last two sessions. Of course, there is still a juicy rise of 35.8% from its minimum of this year, marked at 9,414 euros on April 9.
It must also be taken into account that Intessa Sanpaolo is one of the most pessimistic analysis houses on the future stock market. According to the data collected by Reuters, analysts give them a majority recommendation to ‘maintain’ and an objective price of 13,34 euros by action that is a 4.30% bullish potential in front of the current contribution.
Repsol plans to present its results of the second quarter of 2025 next Thursday July 24.