Repsol (OTCMKTS:REPYY) Upgraded by Morgan Stanley to Overweight Rating

Repsol (OTCMKTS:REPYY) was upgraded by analysts at Morgan Stanley from an “equal weight” rating to an “overweight” rating in a research report issued on Tuesday.

REPYY has been the topic of several other reports. Jefferies Financial Group raised shares of Repsol from a “hold” rating to a “buy” rating in a research note on Thursday, January 8th. Zacks Research raised Repsol from a “strong sell” rating to a “hold” rating in a research report on Thursday, March 12th. JPMorgan Chase & Co. downgraded Repsol from an “overweight” rating to a “neutral” rating in a report on Tuesday, February 3rd. Barclays reaffirmed an “overweight” rating on shares of Repsol in a research note on Friday, December 12th. Finally, Wall Street Zen raised shares of Repsol from a “buy” rating to a “strong-buy” rating in a research report on Thursday, March 5th. Two equities research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

Repsol Trading Up 4.8%

OTCMKTS:REPYY traded up $1.26 during trading hours on Tuesday, reaching $27.58. The company’s stock had a trading volume of 334,653 shares, compared to its average volume of 125,828. The firm has a market capitalization of $30.49 billion, a price-to-earnings ratio of 14.83, a PEG ratio of 0.52 and a beta of 0.18. The firm has a 50-day simple moving average of $21.75 and a 200-day simple moving average of $19.47. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.15 and a current ratio of 1.54. Repsol has a 1 year low of $10.41 and a 1 year high of $29.08.

Repsol (OTCMKTS:REPYY) last released 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 company had revenue of $14.91 billion during the quarter, compared to analyst estimates of $14 billion. Repsol had a return on equity of 10.48% and a net margin of 3.49%. Research analysts expect that Repsol will post 2.36 EPS for the current fiscal 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.