Repsol (OTCMKTS:REPYY) Upgraded by Zacks Research to Strong-Buy Rating

Key Points

• Repsol has been upgraded to a strong-buy rating by Zacks Research, marking a shift from its previous "hold" rating.
• The company's stock has gained 0.7%, with a current market cap of $19.39 billion and a PE ratio of 26.17.
• Repsol reported $0.64 earnings per share for the last quarter, exceeding analyst expectations of $0.41, along with revenue of $16.48 billion.

Repsol (OTCMKTS:REPYY - Get Free Report) was upgraded by equities researchers at Zacks Research from a "hold" rating to a "strong-buy" rating in a research report issued on Wednesday, September 3rd,Zacks.com reports.

A number of other brokerages also recently commented on REPYY. Berenberg Bank upgraded Repsol from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, July 30th. Kepler Capital Markets downgraded Repsol from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, May 20th. Wall Street Zen upgraded Repsol from a "hold" rating to a "buy" rating in a research report on Friday, August 1st. Citigroup reiterated a "buy" rating on shares of Repsol in a research report on Thursday, July 10th. Finally, Barclays upgraded Repsol from a "reduce" rating to an "overweight" rating in a research report on Thursday, May 22nd. Two analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy".

Repsol Stock Up 0.2%

OTCMKTS REPYY traded up $0.03 on Wednesday, reaching $17.10. 28,032 shares of the stock traded hands, compared to its average volume of 118,414. The firm's fifty day simple moving average is $15.70 and its 200 day simple moving average is $13.86. The company has a market cap of $19.79 billion, a price-to-earnings ratio of 26.72, a P/E/G ratio of 5.09 and a beta of 0.69. Repsol has a 12 month low of $10.41 and a 12 month high of $17.22.

Repsol (OTCMKTS:REPYY - Get Free Report) last issued its quarterly earnings results on Thursday, July 24th. The energy company reported $0.64 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.41 by $0.23. The firm had revenue of $16.48 billion during the quarter, compared to analyst estimates of $14.91 billion. Repsol had a return on equity of 9.06% and a net margin of 1.33%. As a group, equities research analysts forecast that Repsol will post 2.36 EPS 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.