Repsol (OTCMKTS:REPYY) Cut to Hold at Zacks Research

Zacks Research downgraded shares of Repsol (OTCMKTS:REPYY) from a strong-buy rating to a hold rating in a research note issued to investors on Thursday morning,Zacks.com reports.

Several other research firms have also commented on REPYY. Wall Street Zen upgraded shares of Repsol from a “hold” rating to a “buy” rating in a research report on Friday, August 1st. Berenberg Bank upgraded shares of Repsol from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, July 30th. Finally, Citigroup reiterated a “buy” rating on shares of Repsol in a research report on Thursday, July 10th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Repsol has a consensus rating of “Hold”.

Repsol Stock Performance

Shares of OTCMKTS REPYY opened at $17.74 on Thursday. The firm has a market capitalization of $20.53 billion, a P/E ratio of 27.72, a PEG ratio of 6.16 and a beta of 0.65. Repsol has a one year low of $10.41 and a one year high of $18.42. The company’s fifty day moving average is $16.56 and its two-hundred day moving average is $14.46.

Repsol (OTCMKTS:REPYY) last released its quarterly earnings data on Thursday, July 24th. The energy company reported $0.64 EPS for the quarter, topping the consensus estimate of $0.41 by $0.23. Repsol had a net margin of 1.33% and a return on equity of 9.06%. The business had revenue of $16.48 billion for the quarter, compared to analyst estimates of $14.91 billion. On average, sell-side analysts forecast 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.