Repsol SA (OTCMKTS:REPYY) Stock Now Rated “Buy” by Wall Street Analysts

Repsol SA (OTCMKTS:REPYY) has been assigned an average recommendation of “Buy” from the eleven brokerages that are presently covering the stock, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have assigned a strong buy rating to the company. The average 1 year target price among brokerages that have covered the stock in the last year is $87.50.

A number of equities analysts have recently issued reports on the stock. HSBC restated a “buy” rating and set a $85.00 target price on shares of Repsol in a research report on Friday, September 25th. Zacks Research upgraded shares of Repsol from a “hold” rating to a “strong-buy” rating in a research note on Friday, September 18th. UBS Group set a $90.00 price target on shares of Repsol in a research note on Friday, September 25th. Royal Bank Of Canada reissued an “outperform” rating on shares of Repsol in a research report on Thursday, September 3rd. Finally, Barclays restated an “overweight” rating on shares of Repsol in a research note on Monday.

Repsol Stock Up 5.0%

Shares of OTCMKTS REPYY opened at $33.87 on Friday. The business has a 50-day moving average price of $32.35 and a 200 day moving average price of $28.52. The stock has a market cap of $37.44 billion, a PE ratio of 13.33, a price-to-earnings-growth ratio of 0.23 and a beta of 0.07. Repsol has a 52-week low of $16.56 and a 52-week high of $35.98.

Repsol Company Profile

Repsol, SA is a Spain-based integrated energy company engaged in oil and natural gas exploration and production, refining, transportation, marketing and power generation. The company serves consumers, businesses and industrial customers through operations spanning the energy value chain.

Its products and services include fuels for road, aviation and marine transportation; liquefied petroleum gas; lubricants; petrochemicals; and electricity and natural gas. Repsol also develops renewable energy projects, including solar and wind power, as well as lower-carbon fuels and other solutions intended to support the energy transition.

Founded in 1987, Repsol has expanded from its Spanish base into international markets across Europe, North America, Latin America and other regions.