Analyst coverage

Galp’s share is followed by an increasing number of analysts.

Analysts’ recommendations and price target

 

This list includes analysts from banks and investment houses who regularly publish studies on Galp’s share.

Due to its dynamic nature, it is not possible to ensure that this list is permanently complete and up to date. The list is displayed for information purposes only and is not a request of purchase, maintenance or sale of shares.

Financial Institution Analyst Target price Recommendation Date
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Disclaimer

The institutions mentioned on this page regularly issue opinions on the Galp share performance in the stock market. Any opinions, estimates or forecasts regarding the Galp share performance made by the analysts are of their sole responsibility and do not reflect the opinions of Galp or its administration.

The reference to such information, conclusions or recommendations on this site does not result from any Galp agreement or consent concerning the said opinions. Galp cannot be held accountable for the accuracy of such information, nor does Galp commit to update it, if it is not aware of any changes.

The recommendations of an institution should be taken into consideration in its context, namely in the full text of the analysis on which it is based, in the share price at the time of its publication and considering the range of recommendations used by the institution.

Consensus

Consensus of the analysts who follow Galp’s share.

The consensus of recommendations, target price and quarterly and medium and long-term results estimates is based on reports of opinions, estimates or forecasts made by analysts from banks and investment houses that cover Galp’s share. For consensus purposes, only recommendations and price targets revised in the past twelve months were considered. 

Recommendations and price target consensus

  Average Maximum Minimum Median
Price target (€) 17.42 21.00 14.00 17.50

Sample: 23 observations

Recommendations (%)

 

Consensus of the quarterly results (3Q18)

    Maximum Median Average Minimum
Exploration & Production Ebitda (€ m) 415 395 392 371
Ebit (€ m) 330 303 305 283
Refining & Marketing Ebitda (€ m) 205 192 191 168
Ebit (€ m) 120 105 106 89
Gas & Power Ebitda (€ m) 52 38 39 31
Ebit (€ m) 40 34 34 26
Galp Ebitda (€ m) 663 632 631 584
Ebit (€ m) 482 450 449 408
Net income (€ m) 240 213 210 169
EPS (€) 0.29 0.26 0.25 0.20

Note: Replacement cost adjusted figures

Sample: 24 observations

Consensus of medium and long-term results

    2018 2019 2020
Exploration & Production Ebitda (€ m) 1,521 1,980 2,113
Refining & Marketing Ebitda (€ m) 633 669 727
Gas & Power Ebitda (€ m) 142 146 149
Galp Ebitda (€ m) 2,324 2,798 3,041
Ebit (€ m) 1,580 1,939 2,112
Net income (€ m) 766 851 923
EPS (€ m) 0.92 1.03 1.11
Macro Dated Brent price ($/bbl) 72 73 71

Notes:
Replacement cost adjusted figures
Average values

Last revision  
More than 3 months 5
Between 1 and 3 months 4
Less than 1 month 14
Sample 23

Last update: 31 October 2018

Additional information

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