JPMorgan downgraded Repsol to Neutral from Overweight with a price target of EUR 14, down from EUR 17. The company’s lagged fiscal execution on strategic plan leaves its outlook too reliant on an uncertain refining recovery, the analyst tells investors in a research note.
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Read More on REPYY:
- Repsol price target lowered to EUR 15.80 from EUR 16.60 at Bernstein
- Repsol downgraded to Neutral from Buy at UBS
- Repsol price target lowered to EUR 13.50 from EUR 15.50 at Berenberg
- Repsol price target lowered to EUR 17 from EUR 18 at JPMorgan
- Repsol downgraded to Equal Weight from Overweight at Morgan Stanley