Sanford C. Bernstein Upgrades Repsol (OTCMKTS:REPYY) to Strong-Buy

Repsol (OTCMKTS:REPYY) was upgraded by analysts at Sanford C. Bernstein from a “hold” rating to a “strong-buy” rating in a report released on Monday, Zacks.com reports.

REPYY has been the subject of a number of other reports. UBS Group raised Repsol to a “hold” rating in a research report on Monday, September 16th. Morgan Stanley cut Repsol from an “overweight” rating to an “equal weight” rating in a report on Thursday, August 29th.

Repsol Stock Performance

REPYY opened at $13.09 on Monday. Repsol has a 12-month low of $12.62 and a 12-month high of $17.61. The stock has a market cap of $15.93 billion, a price-to-earnings ratio of 5.05 and a beta of 0.75. The business has a 50 day moving average of $13.70 and a 200-day moving average 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.

Repsol (OTCMKTS:REPYY) last released its quarterly earnings data on Wednesday, July 24th. The energy company reported $0.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.69 by $0.07. Repsol had a return on equity of 14.92% and a net margin of 5.64%. The company had revenue of $15.76 billion during the quarter. On average, equities research analysts expect that Repsol will post 3.4 earnings per share for the current year.

About Repsol

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.