Repsol (OTCMKTS:REPYY) Stock Crosses Above Fifty Day Moving Average – Here’s Why

Shares of Repsol SA (OTCMKTS:REPYY – Get Free Report) passed above its 50 day moving average during trading on Friday. The stock has a 50 day moving average of $33.39 and traded as high as $34.16. Repsol shares last traded at $34.16, with a volume of 81,014 shares.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on REPYY shares. Royal Bank Of Canada restated an “outperform” rating on shares of Repsol in a report on Thursday, September 3rd. Zacks Research raised Repsol from a “hold” rating to a “strong-buy” rating in a report on Friday, September 18th. Barclays reiterated an “overweight” rating on shares of Repsol in a research report on Monday, October 5th. Santander lowered Repsol from an “outperform” rating to a “neutral” rating in a research note on Tuesday, September 22nd. Finally, The Goldman Sachs Group reissued a “buy” rating on shares of Repsol in a research note on Friday, July 24th. Two analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Buy” and an average target price of $87.50.

View Our Latest Analysis on REPYY

Repsol Price Performance

The firm has a market cap of $37.76 billion, a price-to-earnings ratio of 6.94, a price-to-earnings-growth ratio of 0.21 and a beta of 0.09. The stock’s fifty day moving average price is $33.39 and its 200-day moving average price is $28.05.

Repsol Company Profile

(Get Free Report)

Repsol is an integrated energy company headquartered in Madrid, Spain. Established in 1987, it has expanded from its oil and gas roots into a broader business spanning energy production, industrial operations and customer services. The company explores for and produces oil and natural gas, refines crude oil, and makes and markets fuels, chemicals and other energy products. Its customer businesses include fuel retailing and the sale of natural gas and electricity, while its lower-carbon activities include renewable power, biofuels and hydrogen.

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