Repsol (OTCMKTS:REPYY) Hits New 1-Year High – Still a Buy?

Repsol SA (OTCMKTS:REPYY) shares hit a new 52-week high during trading on Wednesday . The company traded as high as $34.9096 and last traded at $34.90, with a volume of 5391 shares changing hands. The stock had previously closed at $33.92.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. Citigroup reiterated a “buy” rating on shares of Repsol in a report on Wednesday, August 26th. Barclays reaffirmed an “overweight” rating on shares of Repsol in a research report on Friday, July 24th. Zacks Research upgraded Repsol from a “hold” rating to a “strong-buy” rating in a report on Friday, September 18th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Repsol in a report on Friday, July 24th. Finally, Santander cut Repsol from an “outperform” rating to a “neutral” rating in a research report on Tuesday. Two analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Buy”.

Repsol Stock Performance

The stock has a market capitalization of $38.72 billion, a P/E ratio of 13.79, a price-to-earnings-growth ratio of 0.26 and a beta of 0.02. The firm has a 50-day moving average price of $31.19 and a 200 day moving average price of $27.88.

Repsol Company Profile

Repsol, SA is a Spain-based, integrated energy company with activities spanning the oil, natural gas and low-carbon energy sectors. The company explores for and produces hydrocarbons, supplies and trades energy, and operates industrial businesses that include refining, petrochemicals and the production of other energy-related products.

Repsol also serves retail and commercial customers through service stations, mobility offerings, lubricants, aviation and marine fuels, and other customer solutions.