RBC Capital analyst Biraj Borkhataria upgraded Repsol (REPYY) to Outperform from Underperform with a price target of EUR 25, up from EUR 20. The firm sees sustained upward pressure on the company’s refining margins and improving free cash flow.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on REPYY:
- Repsol Flags Risks and Limits Around Capital Markets Day Disclosures
- Repsol Unveils €10 Billion Investment Plan and Higher Cash Flow Targets Through 2028
- Repsol Flags Legal Limits and Uncertainties Around Capital Markets Day Disclosures
- Repsol Sets Up to €10 Billion Investment Plan and Boosts Cash Flow Targets to 2028
- Repsol Launches €350 Million Share Buyback Ahead of Planned Capital Reduction