Repsol (OTCMKTS:REPYY) Downgraded by BNP Paribas

BNP Paribas lowered shares of Repsol (OTCMKTS:REPYY) from a strong-buy rating to a hold rating in a research note issued to investors on Wednesday, Zacks.com reports.

A number of other brokerages also recently weighed in on REPYY. Citigroup upgraded shares of Repsol to a strong-buy rating in a research report on Wednesday, October 2nd. Morgan Stanley cut Repsol from an overweight rating to an equal weight rating in a report on Thursday, August 29th. Sanford C. Bernstein raised Repsol from a hold rating to a strong-buy rating in a report on Monday, September 23rd. Finally, UBS Group raised Repsol to a hold rating in a research note on Monday, September 16th. Three research analysts have rated the stock with a hold rating, one has issued a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of Moderate Buy.

Repsol Stock Performance

Shares of OTCMKTS REPYY opened at $13.15 on Wednesday. The company has a 50 day simple moving average of $13.45 and a two-hundred day simple moving average of $14.97. The stock has a market cap of $16.00 billion, a price-to-earnings ratio of 4.50 and a beta of 0.74. The company has a current ratio of 1.54, a quick ratio of 1.04 and a debt-to-equity ratio of 0.30. Repsol has a 12 month low of $12.62 and a 12 month high of $17.61.

Repsol (OTCMKTS:REPYY) last posted 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 firm had revenue of $15.76 billion for the quarter. As a group, analysts predict that Repsol will post 3.3 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.