Bankinter raises target for Repsol stock from EUR 30.10 to EUR 36.20

Published on 10/21/2026 at 10:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Third-quarter output hit 574,000 barrels per day, up 4.20 percent. Repsol stock costs EUR 29.46 on October 21, 2026, versus EUR 29.20 Xetra close.

Target revision and operations

Bankinter raised its Repsol target from EUR 30.10 to EUR 36.20 on October 1, 2026.
Third-quarter output reached 574,000 barrels of oil equivalent per day, up 4.20 percent year over year on October 6, 2026.
Repsol stock trades at EUR 29.46 at 10:01 a.m. CEST at Lang & Schwarz on October 21, 2026, 0.89 percent above the Xetra close of October 20, 2026.
Repsol is scheduled to publish third-quarter results on October 29, 2026.

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Repsol (ISIN ES0173516115) faces a target revision from EUR 30.10 to EUR 36.20 after Bankinter raised its valuation on October 1, 2026, as reported by Bolsamania. At Lang & Schwarz, the stock was trading at EUR 29.46 on October 21, 2026 at 10:01 a.m. CEST, up 0.89 percent versus the Xetra close.

Why the target moved

Bankinter linked the higher valuation to stronger oil and gas prices, improved refining margins and expectations for solid third-quarter results, while retaining its Buy recommendation, according to Bolsamania. The move gives the target a wider valuation cushion as the company approaches its next earnings release.

Repsol's second-quarter 2026 revenue rose 36 percent year over year to EUR 18.30 billion, while net income increased 466 percent to EUR 1.23 billion, according to Simply Wall St. Those figures set a demanding comparison for the third quarter.

Three dated signals for Repsol

On October 1, 2026, Bankinter lifted its target to EUR 36.20 from EUR 30.10. On October 6, 2026, Repsol's operating update estimated third-quarter production at 574,000 barrels of oil equivalent per day, up 4.20 percent year over year, according to Quartr. On October 14, 2026, Repsol's investor-relations page listed buyback transactions covering October 7 through October 13, according to Repsol.

What comes next for earnings?

Repsol is scheduled to publish third-quarter 2026 results on October 29, 2026, according to Quartr. The release will test whether the estimated production increase and refining support can extend the strong second-quarter earnings comparison.

Stock stays below its yearly high

Repsol's market capitalization was EUR 31.7 billion as of October 21, 2026. Its 52-week range was EUR 14.54 to EUR 31.64, leaving the current Lang & Schwarz price 6.89 percent below the high.

The stock was trading at EUR 29.46 at Lang & Schwarz on October 21, 2026 at 10:01 a.m. CEST, 0.89 percent above the Xetra close of October 20, 2026 at EUR 29.20. The further course of trading is shown by the continuously updated real-time quote of Repsol stock.