Repsol (OTCMKTS:REPYY) Cut to Hold at DZ Bank

DZ Bank downgraded shares of Repsol (OTCMKTS:REPYY) from a strong-buy rating to a hold rating in a report released on Thursday morning,Zacks.com reports.

A number of other equities research analysts also recently commented on REPYY. Citigroup reiterated a “buy” rating on shares of Repsol in a research report on Thursday, July 10th. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Repsol in a research report on Friday. Berenberg Bank upgraded Repsol from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, July 30th. Zacks Research downgraded Repsol from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 2nd. Finally, Wall Street Zen upgraded Repsol from a “hold” rating to a “buy” rating in a research report on Friday, August 1st. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold”.

Repsol Stock Down 0.5%

Shares of Repsol stock opened at $18.32 on Thursday. The stock’s 50-day simple moving average is $17.28 and its 200-day simple moving average is $15.22. Repsol has a 52 week low of $10.41 and a 52 week high of $18.76. The company has a market capitalization of $21.20 billion, a price-to-earnings ratio of 28.63 and a beta of 0.65.

Repsol (OTCMKTS:REPYY) last announced its quarterly earnings data on Thursday, October 30th. The energy company reported $0.82 EPS for the quarter, beating the consensus estimate of $0.74 by $0.08. Repsol had a return on equity of 9.06% and a net margin of 1.33%.The business had revenue of $15.02 billion for the quarter, compared to the consensus estimate of $15.28 billion. On average, equities analysts expect that Repsol will post 2.36 earnings per share for the current 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.