Galp Energia, SGPS - GLPEY Stock Forecast, Price & News

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Galp Energia, SGPS in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" GLPEY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GLPEY, but not buy additional shares or sell existing shares.
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6 analysts have issued 1-year price objectives for Galp Energia, SGPS's stock. Their GLPEY share price forecasts range from $10.40 to $15.00. On average, they expect the company's share price to reach $13.23 in the next year. This suggests a possible upside of 135.5% from the stock's current price.
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Galp Energia, SGPS's stock was trading at $6.72 at the start of the year. Since then, GLPEY stock has decreased by 16.4% and is now trading at $5.6150.
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Galp Energia, SGPS saw a decline in short interest in the month of March. As of March 15th, there was short interest totaling 5,300 shares, a decline of 49.5% from the February 28th total of 10,500 shares. Based on an average daily trading volume, of 79,300 shares, the days-to-cover ratio is currently 0.1 days.
View Galp Energia, SGPS's Short Interest.

Galp Energia, SGPS announced a dividend on Friday, September 16th. Stockholders of record on Friday, September 23rd will be given a dividend of $0.0822 per share on Wednesday, October 5th. This represents a dividend yield of 3.21%. The ex-dividend date is Thursday, September 22nd.
Read our dividend analysis for GLPEY.

Galp Energia, SGPS (OTCMKTS:GLPEY) pays an annual dividend of $0.16 per share and currently has a dividend yield of 2.95%.
Read our dividend analysis for GLPEY.

Galp Energia, SGPS trades on the OTCMKTS under the ticker symbol "GLPEY."

Shares of GLPEY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of GLPEY stock can currently be purchased for approximately $5.62.

Galp Energia, SGPS (OTCMKTS:GLPEY) has a market capitalization of $8.50 billion and generates $18.48 billion in revenue each year. The energy company earns $4.73 million in net income (profit) each year or ($0.01) on an earnings per share basis.

The company employs 6,152 workers across the globe.

Galp Energia, SGPS's mailing address is Rua Tomas da Fonseca - Torre A, Lisbon S1, 1600. The official website for the company is www.galp.com. The energy company can be reached via phone at 351217242500, via email at investor.relations@galpenergia.com, or via fax at 351-21-724-2965.