Repsol (OTCMKTS:REPYY) Rating Increased to Outperform at Royal Bank Of Canada

Royal Bank Of Canada upgraded shares of Repsol (OTCMKTS:REPYY) from an underperform rating to an outperform rating in a report published on Thursday, MarketBeat reports.

Several other research analysts also recently commented on the company. Barclays reissued an “overweight” rating on shares of Repsol in a research note on Friday, December 12th. Zacks Research lowered shares of Repsol from a “hold” rating to a “strong sell” rating in a report on Monday, January 12th. Jefferies Financial Group upgraded shares of Repsol from a “hold” rating to a “buy” rating in a research report on Thursday, January 8th. Wall Street Zen raised shares of Repsol from a “buy” rating to a “strong-buy” rating in a research note on Thursday, March 5th. Finally, JPMorgan Chase & Co. lowered shares of Repsol from an “overweight” rating to a “neutral” rating in a research report on Tuesday, February 3rd. Two analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

Repsol Stock Up 2.4%

Shares of REPYY stock opened at $25.85 on Thursday. Repsol has a twelve month low of $10.41 and a twelve month high of $25.88. The stock has a market cap of $28.57 billion, a P/E ratio of 13.90, a P/E/G ratio of 0.89 and a beta of 0.19. The stock has a 50 day moving average of $20.61 and a 200 day moving average of $18.89. 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 issued its quarterly earnings data on Thursday, February 19th. The energy company reported $0.69 earnings per share for the quarter, topping analysts’ consensus estimates 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 net margin of 3.49% and a return on equity of 10.55%. As a group, sell-side analysts expect that Repsol will post 2.36 EPS for the current year.

About Repsol

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.