Repsol (OTCMKTS:REPYY) Upgraded to Strong-Buy at Citigroup

Citigroup upgraded shares of Repsol (OTCMKTS:REPYY) to a strong-buy rating in a research report released on Wednesday morning, Zacks.com reports.

Several other research firms have also recently issued reports on REPYY. Sanford C. Bernstein upgraded shares of Repsol from a hold rating to a strong-buy rating in a research note on Monday, September 23rd. UBS Group upgraded Repsol to a hold rating in a research report on Monday, September 16th. Finally, Morgan Stanley cut Repsol from an overweight rating to an equal weight rating in a report on Thursday, August 29th. Two investment analysts have rated the stock with a hold rating, one has given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, Repsol presently has a consensus rating of Buy.

Repsol Price Performance

Shares of OTCMKTS REPYY opened at $13.49 on Wednesday. Repsol has a 52 week low of $12.62 and a 52 week high of $17.61. 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 firm has a market cap of $17.23 billion, a P/E ratio of 5.21 and a beta of 0.74. The business’s 50 day moving average price is $13.51 and its 200 day moving average price is $15.06.

Repsol (OTCMKTS:REPYY) last posted its quarterly earnings results on Wednesday, July 24th. The energy company reported $0.76 EPS for the quarter, beating the consensus estimate of $0.69 by $0.07. Repsol had a net margin of 5.64% and a return on equity of 14.92%. The company had revenue of $15.76 billion for the quarter. On average, sell-side analysts expect that Repsol will post 3.37 earnings per share 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.