Repsol (OTCMKTS:REPYY) Upgraded to Strong-Buy at Wall Street Zen

Wall Street Zen upgraded shares of Repsol (OTCMKTS:REPYY) from a buy rating to a strong-buy rating in a report released on Thursday morning.

A number of other research firms have also recently weighed in on REPYY. Barclays restated an “overweight” rating on shares of Repsol in a research note on Friday, December 12th. DZ Bank raised Repsol from a “hold” rating to a “strong-buy” rating in a report on Thursday, February 19th. Zacks Research downgraded Repsol from a “hold” rating to a “strong sell” rating in a research report on Monday, January 12th. JPMorgan Chase & Co. cut Repsol from an “overweight” rating to a “neutral” rating in a research report on Tuesday, February 3rd. Finally, Jefferies Financial Group raised Repsol from a “hold” rating to a “buy” rating in a research note on Thursday, January 8th. Two investment analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating, two have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold”.

Repsol Trading Down 0.2%

Shares of OTCMKTS:REPYY opened at $23.54 on Thursday. The stock has a 50 day moving average of $20.00 and a 200 day moving average of $18.58. The company has a market cap of $26.02 billion, a PE ratio of 12.66, a price-to-earnings-growth ratio of 0.83 and a beta of 0.19. Repsol has a 12-month low of $10.41 and a 12-month high of $24.38. The company has a current ratio of 1.47, a quick ratio of 1.05 and a debt-to-equity ratio of 0.45.

Repsol (OTCMKTS:REPYY) last issued its quarterly earnings results on Thursday, February 19th. The energy company reported $0.69 earnings per share for the quarter, beating the consensus estimate of $0.63 by $0.06. The business had revenue of $14.91 billion for the quarter, compared to the consensus estimate of $14 billion. Repsol had a net margin of 3.49% and a return on equity of 10.55%. As a group, equities research analysts expect that Repsol will post 2.36 EPS for the current year.

Repsol Company Profile

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.