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

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

Several other equities research analysts also recently commented on the company. Sanford C. Bernstein raised Repsol from a hold rating to a strong-buy rating in a report on Monday, September 23rd. UBS Group raised Repsol to a hold rating in a report on Monday, September 16th. Finally, Morgan Stanley downgraded Repsol from an overweight rating to an equal weight rating in a report on Thursday, August 29th. Two research analysts have rated the stock with a hold rating, one has assigned a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of Buy.

Repsol Stock Up 0.2 %

Repsol stock traded up $0.03 during mid-day trading on Wednesday, hitting $13.49. The company had a trading volume of 66,401 shares, compared to its average volume of 108,331. The company has a current ratio of 1.54, a quick ratio of 1.04 and a debt-to-equity ratio of 0.30. The stock’s 50 day moving average price is $13.51 and its two-hundred day moving average price is $15.06. Repsol has a 12 month low of $12.62 and a 12 month high of $17.61. The company has a market capitalization of $17.23 billion, a PE ratio of 5.21 and a beta of 0.74.

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