Repsol (OTCMKTS:REPYY) Upgraded to “Strong-Buy” by Sanford C. Bernstein

Sanford C. Bernstein upgraded shares of Repsol (OTCMKTS:REPYY) from a hold rating to a strong-buy rating in a research report released on Monday, Zacks.com reports.

REPYY has been the topic of several other research reports. Morgan Stanley lowered Repsol from an overweight rating to an equal weight rating in a research note on Thursday, August 29th. UBS Group raised Repsol to a hold rating in a report on Monday, September 16th.

Repsol Trading Up 0.5 %

Repsol stock opened at $13.09 on Monday. The business has a 50 day moving average price of $13.70 and a two-hundred day moving average price of $15.22. The company has a quick ratio of 1.04, a current ratio of 1.54 and a debt-to-equity ratio of 0.30. The stock has a market cap of $15.93 billion, a price-to-earnings ratio of 5.05 and a beta of 0.75. Repsol has a 12 month low of $12.62 and a 12 month high of $17.61.

Repsol (OTCMKTS:REPYY) last posted its quarterly earnings results on Wednesday, July 24th. The energy company reported $0.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.69 by $0.07. The firm had revenue of $15.76 billion during the quarter. Repsol had a net margin of 5.64% and a return on equity of 14.92%. As a group, equities analysts forecast that Repsol will post 3.4 EPS for the current year.

Repsol Company Profile

Repsol, SA operates as a multi-e energy company worldwide. Its Upstream segment engages in the exploration, development, and production of crude oil and natural gas reserves, as well as develops low-carbon geological solutions. The company's Industrial segment is involved in refining activities and petrochemicals business; the trading, transport, and sale of crude oil, natural gas, and fuels; and development of hydrogen, biomethane, sustainable biofuels, and synthetic fuels.