Repsol (OTCMKTS:REPYY – Get Free Report) was upgraded by Morgan Stanley from an “equal weight” rating to an “overweight” rating in a report issued on Friday, FlyOnTheWall reports.
A number of other research firms have also recently issued reports on REPYY. BNP Paribas raised Repsol from a “neutral” rating to an “outperform” rating in a research note on Monday, August 7th. HSBC cut Repsol from a “buy” rating to a “hold” rating in a research note on Tuesday, May 23rd. Finally, Jefferies Financial Group cut Repsol from a “buy” rating to a “hold” rating in a research note on Wednesday, May 17th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat.com, Repsol has an average rating of “Hold” and an average target price of $15.75.
Check Out Our Latest Analysis on Repsol
Repsol Trading Down 1.5 %
Shares of OTCMKTS:REPYY opened at $15.41 on Friday. The stock has a market capitalization of $19.68 billion, a P/E ratio of 6.42 and a beta of 0.78. The business has a 50-day moving average price of $14.79 and a two-hundred day moving average price of $14.93. Repsol has a 1-year low of $10.79 and a 1-year high of $16.94.
Repsol (OTCMKTS:REPYY – Get Free Report) last posted its earnings results on Thursday, July 27th. The energy company reported $0.67 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.03). Repsol had a return on equity of 22.53% and a net margin of 4.82%. The business had revenue of $14.20 billion for the quarter. As a group, equities analysts predict that Repsol will post 3.85 EPS for the current year.
Repsol Company Profile
Repsol, SA operates as an integrated energy company worldwide. Its Upstream segment engages in the exploration, development, and production of crude oil and natural gas reserves. The company’s Industrial segment is involved in refining activities and petrochemicals business; the trading and transportation of crude oil and oil products; and the sale, transportation, and regasification of natural gas and liquefied natural gas (LNG).
Further Reading
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