Repsol: Credit Suisse maintains 'Outperform' rating
(CercleFinance.com) - This morning, a Credit Suisse analyst confirmed his "Outperform" rating on the Repsol share.
The broker has set a target price of 15 euros for the share (current price: 8.35 euros).
The broker notes, "Outlook is blurry, but margins today are unsustainably low," and expects a more positive phase in terms of hydrocarbon production and distribution.
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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.
The broker has set a target price of 15 euros for the share (current price: 8.35 euros).
The broker notes, "Outlook is blurry, but margins today are unsustainably low," and expects a more positive phase in terms of hydrocarbon production and distribution.
Copyright (c) 2020 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.