Zacks Research Downgrades Repsol (OTCMKTS:REPYY) to Strong Sell

Repsol (OTCMKTS:REPYY) was downgraded by analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research report issued on Monday,Zacks.com reports.

A number of other equities analysts have also recently commented on REPYY. Jefferies Financial Group upgraded Repsol from a “hold” rating to a “buy” rating in a report on Thursday, January 8th. DZ Bank downgraded Repsol from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 30th. Barclays restated an “overweight” rating on shares of Repsol in a research note on Friday, December 12th. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Repsol in a research report on Friday, October 31st. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold”.

Repsol Stock Up 3.4%

Shares of OTCMKTS REPYY traded up $0.65 during trading hours on Monday, hitting $19.61. The company had a trading volume of 47,885 shares, compared to its average volume of 63,365. Repsol has a 1-year low of $10.41 and a 1-year high of $20.00. The company has a quick ratio of 1.05, a current ratio of 1.47 and a debt-to-equity ratio of 0.45. The firm’s 50 day moving average is $18.87 and its 200-day moving average is $17.32. The stock has a market capitalization of $22.68 billion, a P/E ratio of 18.32, a price-to-earnings-growth ratio of 5.24 and a beta of 0.25.

Repsol (OTCMKTS:REPYY) last posted its quarterly earnings results on Thursday, October 30th. The energy company reported $0.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.74 by $0.08. Repsol had a net margin of 2.12% and a return on equity of 10.18%. The firm had revenue of $15.02 billion for the quarter, compared to analyst estimates of $15.28 billion. On average, analysts expect 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.