Repsol (OTCMKTS:REPYY) Upgraded to “Overweight” at JPMorgan Chase & Co.

JPMorgan Chase & Co. upgraded shares of Repsol (OTCMKTS:REPYY) from a neutral rating to an overweight rating in a research note released on Friday morning, The Fly reports.

Other analysts have also issued research reports about the stock. Citigroup assumed coverage on shares of Repsol in a research note on Friday, July 2nd. They set a buy rating for the company. HSBC set a $11.01 price target on shares of Repsol and gave the stock a hold rating in a report on Thursday, July 22nd. Societe Generale reissued a buy rating on shares of Repsol in a report on Tuesday, August 17th. began coverage on shares of Repsol in a report on Friday, July 2nd. They issued a buy rating on the stock. Finally, Credit Suisse Group reissued an underperform rating on shares of Repsol in a report on Thursday, July 8th. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of Hold and an average price target of $11.80.

OTCMKTS:REPYY opened at $11.74 on Friday. The company has a fifty day moving average of $11.29 and a 200-day moving average of $12.29. The firm has a market capitalization of $17.93 billion, a P/E ratio of -7.34, a P/E/G ratio of 0.18 and a beta of 1.20. Repsol has a twelve month low of $5.94 and a twelve month high of $13.99.

The firm also recently declared a dividend, which was paid on Monday, July 12th. Shareholders of record on Monday, July 5th were given a dividend of $0.7158 per share. This represents a yield of 5.6%. The ex-dividend date was Friday, July 2nd. Repsol’s payout ratio is currently 122.22%.

Repsol Company Profile

Repsol SA is engaged in the exploration and production of crude oil, natural gas, and refined petroleum. It operates through the following business segments: Upstream, Downstream, and Corporation & Others. The Upstream segment engages in exploration and development of crude oil and natural gas reserves.

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Analyst Recommendations for Repsol (OTCMKTS:REPYY)

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