Redburn Atlantic analyst Peter Low maintained a Hold rating on Repsol today and set a price target of €16.30. The company’s shares closed yesterday at €15.08.
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According to TipRanks, Low is a 4-star analyst with an average return of 15.8% and a 60.00% success rate.
In addition to Redburn Atlantic, Repsol also received a Hold from RBC Capital’s Biraj Borkhataria in a report issued on September 29. However, yesterday, Barclays maintained a Buy rating on Repsol (LSE: 0NQG).
Based on Repsol’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of €13.53 billion and a net profit of €237 million. In comparison, last year the company earned a revenue of €14.74 billion and had a net profit of €657 million
Based on the recent corporate insider activity of 24 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of 0NQG in relation to earlier this year.
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