Repsol (OTCMKTS:REPYY) Upgraded by DZ Bank to “Strong-Buy” Rating

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

Other equities research analysts also recently issued research reports about the company. Zacks Research lowered Repsol from a “hold” rating to a “strong sell” rating in a research report on Monday, January 12th. JPMorgan Chase & Co. lowered Repsol from an “overweight” rating to a “neutral” rating in a research note on Tuesday, February 3rd. Royal Bank Of Canada cut Repsol from a “sector perform” rating to an “underperform” rating in a report on Thursday, January 15th. Jefferies Financial Group raised Repsol from a “hold” rating to a “buy” rating in a research note on Thursday, January 8th. Finally, Barclays reiterated an “overweight” rating on shares of Repsol in a research report on Friday, December 12th. Two analysts have rated the stock with a Strong Buy rating, three have given a Buy rating, two have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold”.

Repsol Trading Up 1.6%

Shares of Repsol stock opened at $21.60 on Thursday. The firm has a market capitalization of $24.99 billion, a PE ratio of 11.61, a price-to-earnings-growth ratio of 6.02 and a beta of 0.25. The company has a current ratio of 1.47, a quick ratio of 1.05 and a debt-to-equity ratio of 0.45. The firm’s 50 day moving average is $19.20 and its 200 day moving average is $18.12. Repsol has a 1 year low of $10.41 and a 1 year high of $21.78.

Repsol (OTCMKTS:REPYY) last issued its 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 firm had revenue of $14.91 billion for the quarter, compared to analyst estimates of $14 billion. Repsol had a net margin of 3.49% and a return on equity of 10.55%. Equities research 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.