Zacks Research Upgrades Repsol (OTCMKTS:REPYY) to Hold

Repsol (OTCMKTS:REPYY) was upgraded by stock analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued to clients and investors on Thursday,Zacks.com reports.

Other research analysts have also issued reports about the stock. Jefferies Financial Group upgraded shares of Repsol from a “hold” rating to a “buy” rating in a research note on Thursday, January 8th. DZ Bank upgraded Repsol from a “hold” rating to a “strong-buy” rating in a research report on Thursday, February 19th. Wall Street Zen raised Repsol from a “buy” rating to a “strong-buy” rating in a research note on Thursday, March 5th. Barclays reiterated an “overweight” rating on shares of Repsol in a research note on Friday, December 12th. Finally, JPMorgan Chase & Co. downgraded Repsol from an “overweight” rating to a “neutral” rating in a report on Tuesday, February 3rd. Two investment analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

Repsol Price Performance

Shares of OTCMKTS REPYY opened at $26.43 on Thursday. The stock has a market cap of $29.21 billion, a P/E ratio of 14.21, a P/E/G ratio of 0.60 and a beta of 0.19. Repsol has a twelve month low of $10.41 and a twelve month high of $26.50. The stock has a 50 day moving average of $20.75 and a two-hundred day moving average of $18.96. The company has a current ratio of 1.47, a quick ratio of 1.05 and a debt-to-equity ratio of 0.45.

Repsol (OTCMKTS:REPYY) last announced its earnings results on Thursday, February 19th. The energy company reported $0.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.63 by $0.06. Repsol had a net margin of 3.49% and a return on equity of 10.55%. The business had revenue of $14.91 billion for the quarter, compared to analyst estimates of $14 billion. On average, research analysts forecast that Repsol will post 2.36 earnings per share for the current year.

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.