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

Repsol SA (OTCMKTS:REPYY)’s share price hit a new 52-week high on Thursday . The company traded as high as $32.1750 and last traded at $31.88, with a volume of 68709 shares changing hands. The stock had previously closed at $31.83.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on REPYY shares. Citigroup reiterated a “buy” rating on shares of Repsol in a research report on Friday, July 24th. HSBC raised shares of Repsol from a “hold” rating to a “buy” rating in a research report on Monday, May 18th. Barclays reiterated an “overweight” rating on shares of Repsol in a research note on Friday, July 24th. Zacks Research upgraded shares of Repsol from a “strong sell” rating to a “hold” rating in a research report on Friday, July 31st. Finally, Santander upgraded Repsol to an “outperform” rating in a research note on Thursday, July 2nd. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

Repsol Price Performance

The stock has a 50-day moving average price of $27.75 and a 200-day moving average price of $25.88. The company has a market capitalization of $35.24 billion, a P/E ratio of 12.55, a P/E/G ratio of 0.29 and a beta of 0.02.

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.