Repsol SA (OTCMKTS:REPYY) Receives Consensus Rating of “Hold” from Brokerages

Repsol SA (OTCMKTS:REPYY) has received a consensus recommendation of “Hold” from the eight analysts that are presently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, two have given a buy rating and one has issued a strong buy rating on the company.

A number of brokerages have recently issued reports on REPYY. Wall Street Zen raised shares of Repsol from a “hold” rating to a “buy” rating in a research report on Friday, August 1st. Zacks Research downgraded Repsol from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 2nd. Citigroup reaffirmed a “buy” rating on shares of Repsol in a research note on Thursday, July 10th. Finally, Berenberg Bank raised Repsol from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 30th.

Repsol Stock Performance

Shares of Repsol stock opened at $16.76 on Friday. The firm has a 50-day moving average of $16.93 and a 200-day moving average of $14.79. The stock has a market cap of $19.39 billion, a PE ratio of 26.19 and a beta of 0.65. Repsol has a 52-week low of $10.41 and a 52-week high of $18.42.

Repsol (OTCMKTS:REPYY) last announced its earnings results on Thursday, July 24th. The energy company reported $0.64 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.41 by $0.23. The company had revenue of $16.48 billion during the quarter, compared to analysts’ expectations of $14.91 billion. Repsol had a net margin of 1.33% and a return on equity of 9.06%. Equities research analysts predict that Repsol will post 2.36 earnings per share for the current fiscal year.

About Repsol

Repsol, SA operates as a multi-e energy company worldwide. Its Upstream segment engages in the exploration, development, and production of crude oil and natural gas reserves, as well as develops low-carbon geological solutions. The company's Industrial segment is involved in refining activities and petrochemicals business; the trading, transport, and sale of crude oil, natural gas, and fuels; and development of hydrogen, biomethane, sustainable biofuels, and synthetic fuels.