Repsol (OTCMKTS:REPYY) Sets New 52-Week High – Time to Buy?

Repsol SA (OTCMKTS:REPYY)’s stock price reached a new 52-week high during trading on Thursday . The company traded as high as $33.01 and last traded at $33.01, with a volume of 18350 shares. The stock had previously closed at $32.61.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on REPYY. Santander upgraded Repsol to an “outperform” rating in a report on Thursday, July 2nd. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Repsol in a report on Thursday. The Goldman Sachs Group reiterated a “buy” rating on shares of Repsol in a research note on Friday, July 24th. Barclays reissued an “overweight” rating on shares of Repsol in a report on Friday, July 24th. Finally, Zacks Research raised shares of Repsol from a “strong sell” rating to a “hold” rating in a report on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Repsol Trading Up 1.1%

The firm has a market cap of $36.43 billion, a price-to-earnings ratio of 12.98, a price-to-earnings-growth ratio of 0.30 and a beta of 0.02. The stock has a 50-day moving average of $29.08 and a 200-day moving average of $26.74.

About Repsol

Repsol is a Spanish integrated energy company engaged across the full oil and gas value chain and increasingly in low?carbon energy businesses. Its core activities include upstream exploration and production of oil and natural gas, midstream operations such as liquefied natural gas (LNG) trading and logistics, and downstream refining, petrochemicals, and fuel marketing. The company also supplies lubricants, specialty chemicals and related industrial products, and operates a widespread network of retail fuel stations and convenience services.

Founded in 1987, Repsol has grown from a national refiner into a global energy player through international exploration, production projects and commercial expansion.