Repsol stock falls 1.78 percent as Bankinter raises its target

Published on 10/06/2026 at 17:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Repsol stock traded at EUR 28.66 on October 6, 2026, while Bankinter raised its target from EUR 30.10 to EUR 36.20. First half adjusted net income reached EUR 2.71 billion.

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Repsol stock (ISIN ES0173516115) was trading at EUR 28.66 on BME at 4:44 p.m. CEST on October 6, 2026, down 1.78 percent from the prior close. The move comes as Bankinter raises its valuation and the company approaches its third-quarter reporting cycle.

Bankinter lifts its target

Bolsamania reports that Bankinter raised its Repsol price target from EUR 30.10 to EUR 36.20 and reiterated a Buy rating. The bank linked its stronger view to higher oil and gas prices and refining margins ahead of the third-quarter figures.

The revision places Bankinter's target EUR 7.54 above the October 6 price, a 26.3 percent difference. That gap is a quantified market expectation, not a company forecast, and the current share price remains EUR 2.98 below the 52-week high of EUR 31.64.

Refining drives first half earnings

Repsol's first half adjusted net income reached EUR 2.71 billion, according to Euronews. The Industrial division contributed EUR 1.68 billion, compared with EUR 235 million in the first half of 2025, showing how strongly refining margins affected the earnings mix.

The same report said Repsol had gained 87.2 percent in 2026 through September 23, making it the best performer among Europe's large energy stocks in that comparison. The October price action therefore sits against a much larger year-to-date advance, while the next operating figures will test whether refining remains the central earnings driver.

October results set the next test

DailyForex identifies October 29, 2026, as the date for Repsol's third-quarter results. The report also places the average analyst target at EUR 28.51, EUR 0.15 below the October 6 price, while the wider target range reaches EUR 38.00.

Repsol stock trades below its yearly high

Repsol stock was last at EUR 28.66 on BME on October 6, 2026, with a market capitalization of EUR 31.2 billion and volume of 2,224,644 shares. Its 52-week range was EUR 13.96 to EUR 31.64, leaving the price 9.4 percent below the high.