Repsol (OTCMKTS:REPYY) Rating Increased to Overweight at Morgan Stanley

Morgan Stanley upgraded shares of Repsol (OTCMKTS:REPYY) from an equal weight rating to an overweight rating in a research note published on Tuesday morning, MarketBeat Ratings reports.

Other equities analysts have also recently issued research reports about the stock. JPMorgan Chase & Co. cut shares of Repsol from an “overweight” rating to a “neutral” rating in a research report on Tuesday, February 3rd. Royal Bank Of Canada raised Repsol from an “underperform” rating to an “outperform” rating in a research report on Thursday, March 12th. Wall Street Zen upgraded Repsol from a “buy” rating to a “strong-buy” rating in a research report on Thursday, March 5th. Zacks Research raised Repsol from a “strong sell” rating to a “hold” rating in a research note 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 analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

Repsol Trading Up 4.5%

OTCMKTS REPYY opened at $27.51 on Tuesday. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.54 and a quick ratio of 1.15. The stock has a market capitalization of $30.40 billion, a P/E ratio of 14.79, a PEG ratio of 0.49 and a beta of 0.19. The firm’s 50-day moving average is $21.92 and its two-hundred day moving average is $19.54. Repsol has a 12 month low of $10.41 and a 12 month high of $29.08.

Repsol (OTCMKTS:REPYY) last announced its quarterly earnings results on Thursday, February 19th. The energy company reported $0.69 earnings per share for the quarter, beating analysts’ consensus estimates of $0.63 by $0.06. The business had revenue of $14.91 billion during the quarter, compared to analysts’ expectations of $14 billion. Repsol had a net margin of 3.49% and a return on equity of 10.48%. On average, sell-side analysts anticipate 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.