Repsol SA (OTCMKTS:REPYY) Stock Now Rated "Buy" by Wall Street Analysts

Key Points

• Repsol has an average “Buy” rating from 11 analysts: seven rate it a buy, two a strong buy and two a hold. The average 12-month price target is $87.50.
• Recent analyst actions were generally positive, including Zacks Research upgrading the stock to “strong buy,” while Santander downgraded it to “neutral.”
• REPYY opened at $31.76, with a market capitalization of approximately $35.11 billion and a 12-month trading range of $17.75 to $35.98. Repsol operates across oil, gas, refining and distribution while expanding into renewable power, fuels, hydrogen and energy solutions.

Shares of Repsol SA (OTCMKTS:REPYY - Get Free Report) have earned an average rating of "Buy" from the eleven analysts that are covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a hold recommendation, seven have issued a buy recommendation and two have issued a strong buy recommendation on the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $87.50.

REPYY has been the subject of a number of research reports. Citigroup reiterated a "buy" rating on shares of Repsol in a report on Wednesday, August 26th. Royal Bank Of Canada restated an "outperform" rating on shares of Repsol in a report on Thursday, September 3rd. Santander downgraded Repsol from an "outperform" rating to a "neutral" rating in a research note on Tuesday, September 22nd. Zacks Research raised Repsol from a "hold" rating to a "strong-buy" rating in a report on Friday, September 18th. Finally, The Goldman Sachs Group restated a "buy" rating on shares of Repsol in a research note on Friday, July 24th.

Repsol Stock Down 0.2%

Shares of REPYY stock opened at $31.76 on Thursday. The firm has a fifty day moving average of $33.05 and a 200-day moving average of $27.18. Repsol has a 12-month low of $17.75 and a 12-month high of $35.98. The company has a market capitalization of $35.11 billion, a price-to-earnings ratio of 12.50, a P/E/G ratio of 0.21 and a beta of 0.07.

Repsol Company Profile

Repsol, SA is a Spain-based, integrated energy company engaged in the exploration, production, refining, distribution and marketing of energy products. Its operations include oil and natural gas exploration and production, refining, fuel distribution, service stations, lubricants, liquefied petroleum gas and petrochemicals.

The company also develops lower-carbon businesses, including renewable power generation, renewable fuels, hydrogen and energy solutions for residential and industrial customers.

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