Repsol (OTCMKTS:REPYY) Stock Rating Upgraded by Wall Street Zen

Key Points

• Repsol was upgraded from a "hold" to a "buy" rating by Wall Street Zen, indicating increased analyst confidence in the company's stock performance.
• Repsol shares saw a 1.2% increase, trading at $16.01, with a market capitalization of $18.53 billion and recent earnings that exceeded consensus estimates.
• Analyst sentiment remains mixed as other firms made varying adjustments to their ratings, with one sell rating, four holds, and three buys being recorded for Repsol.

Wall Street Zen upgraded shares of Repsol (OTCMKTS:REPYY - Free Report) from a hold rating to a buy rating in a research report sent to investors on Saturday.

Several other equities analysts have also issued reports on the company. Citigroup reaffirmed a "buy" rating on shares of Repsol in a research report on Thursday, July 10th. Kepler Capital Markets lowered shares of Repsol from a "strong-buy" rating to a "hold" rating in a report on Tuesday, May 20th. BNP Paribas cut shares of Repsol from a "neutral" rating to an "underperform" rating in a research note on Tuesday, April 15th. Finally, Barclays raised shares of Repsol from a "reduce" rating to an "overweight" rating in a research note on Thursday, May 22nd. One analyst has rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, Repsol has an average rating of "Hold".

Repsol Trading Down 4.7%

OTCMKTS REPYY traded down $0.76 on Friday, hitting $15.44. The company's stock had a trading volume of 49,171 shares, compared to its average volume of 133,552. Repsol has a 52-week low of $10.41 and a 52-week high of $16.20. The company's 50-day simple moving average is $14.49 and its 200 day simple moving average is $13.07. The firm has a market cap of $17.87 billion, a P/E ratio of 24.13, a PEG ratio of 5.97 and a beta of 0.61.

Repsol (OTCMKTS:REPYY - Get Free Report) last announced its quarterly earnings results on Thursday, July 24th. The energy company reported $0.64 EPS for the quarter, topping analysts' consensus estimates of $0.41 by $0.23. Repsol had a return on equity of 8.99% and a net margin of 1.33%. The company had revenue of $16.48 billion during the quarter, compared to analyst estimates of $14.91 billion. On average, research analysts forecast that Repsol will post 2.36 EPS for the current fiscal year.

Repsol Cuts Dividend

The firm also recently announced a dividend, which was paid on Tuesday, July 15th. Investors of record on Tuesday, July 8th were issued a $0.4554 dividend. This represents a dividend yield of 3.13%. The ex-dividend date was Monday, July 7th. Repsol's dividend payout ratio (DPR) is presently 143.75%.

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.