Repsol (OTCMKTS:REPYY) Rating Lowered to Hold at The Goldman Sachs Group

Repsol (OTCMKTS:REPYY) was downgraded by equities researchers at The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a research note issued on Thursday,Zacks.com reports.

Several other research analysts have also recently commented on REPYY. Wall Street Zen upgraded shares of Repsol from a “buy” rating to a “strong-buy” rating in a report on Thursday, March 5th. Royal Bank Of Canada upgraded shares of Repsol from an “underperform” rating to an “outperform” rating in a report on Thursday, March 12th. Barclays restated an “overweight” rating on shares of Repsol in a research report on Friday, December 12th. Zacks Research upgraded shares of Repsol from a “strong sell” rating to a “hold” rating in a research report on Thursday, March 12th. Finally, DZ Bank upgraded Repsol from a “hold” rating to a “strong-buy” rating in a report on Thursday, February 19th. Two equities research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

Repsol Stock Performance

Shares of OTCMKTS REPYY opened at $28.22 on Thursday. The stock’s fifty day simple moving average is $21.61 and its 200 day simple moving average is $19.36. The stock has a market capitalization of $31.19 billion, a price-to-earnings ratio of 15.17, a PEG ratio of 0.53 and a beta of 0.19. The company has a quick ratio of 1.05, a current ratio of 1.54 and a debt-to-equity ratio of 0.41. Repsol has a 52-week low of $10.41 and a 52-week high of $29.08.

Repsol (OTCMKTS:REPYY) last announced its earnings results on Thursday, February 19th. The energy company reported $0.69 EPS for the quarter, beating the consensus estimate of $0.63 by $0.06. The business had revenue of $14.91 billion during the quarter, compared to the consensus estimate of $14 billion. Repsol had a return on equity of 10.48% and a net margin of 3.49%. As a group, sell-side analysts forecast that Repsol will post 2.36 earnings per share for the current fiscal 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.