Repsol: UBS upgrades recommendation

(CercleFinance.com) - UBS has upgraded its recommendation on Repsol from 'neutral' to 'buy', with a target price raised from E11.
5 to E13, a new target representing 10% upside potential for the Spanish energy group's shares.

Pointing out that the share price has not reacted to the improved outlook for 2025, the broker declares that he expects positive surprises regarding results and shareholder returns, thus seeing "the time for a rebound".


Copyright (c) 2025 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.