Last week, the purchase of the second position in Repsol was carried out, a strategy that had been decided at the end of August after the sharp fall in the stock market value, penalized by the drop in oil prices and which, on the one hand, considerably increased the attractiveness of the stock and, on the other, caused heavy losses in the operations already opened on the oil company.
Thus, a second foot was put in Repsol, as was done at the time with Cellnex, with a new entry price. This time, it was 11.5 euros, a level reached on Tuesday of last week. Thus, between the old shares and the new ones, we find a new average price of 12.75 euros.
Although analysts have partially reduced their valuations in recent weeks to take into account the new materials price environment, the price target remains on average above 16.4 euroswhat leaves you about 40% potential bullish from these levels.
Beyond that, this week several stocks saw strong rebounds, such as Acerinox, Fluidra And Santander, about 5%And Viscofanwhich got a score of 3%. In the coming days The strategic portfolio will receive the dividend Sacyrwho continues to be paid in scenario unamortized. On Thursday, they will therefore be accused 0.079 euros per share, which at current prices achieves a profitability of 2.4%This is the first of two performances expected for 2024.
