Repsol (OTCMKTS:REPYY) Shares Gap Up – Should You Buy?

Repsol SA (OTCMKTS:REPYY) gapped up before the market opened on Tuesday . The stock had previously closed at $31.12, but opened at $32.13. Repsol shares last traded at $31.96, with a volume of 10,165 shares changing hands.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on REPYY shares. Royal Bank Of Canada reissued an “outperform” rating on shares of Repsol in a research report on Friday, July 24th. The Goldman Sachs Group reiterated a “buy” rating on shares of Repsol in a research note on Friday, July 24th. Citigroup reaffirmed a “buy” rating on shares of Repsol in a research report on Friday, July 24th. Zacks Research upgraded Repsol from a “strong sell” rating to a “hold” rating in a report on Friday, July 31st. Finally, Barclays reissued an “overweight” rating on shares of Repsol in a research report on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, Repsol presently has a consensus rating of “Moderate Buy”.

Repsol Trading Up 1.5%

The business’s 50 day simple moving average is $27.54 and its two-hundred day simple moving average is $25.71. The firm has a market capitalization of $35.35 billion, a PE ratio of 12.59, a price-to-earnings-growth ratio of 0.28 and a beta of 0.02.

Repsol Company Profile

Repsol is a Spanish integrated energy company engaged across the full oil and gas value chain and increasingly in low‑carbon energy businesses. Its core activities include upstream exploration and production of oil and natural gas, midstream operations such as liquefied natural gas (LNG) trading and logistics, and downstream refining, petrochemicals, and fuel marketing. The company also supplies lubricants, specialty chemicals and related industrial products, and operates a widespread network of retail fuel stations and convenience services.

Founded in 1987, Repsol has grown from a national refiner into a global energy player through international exploration, production projects and commercial expansion.