Zacks Investment Research cut shares of Repsol (OTCMKTS:REPYY) from a buy rating to a hold rating in a report released on Thursday morning.
According to Zacks, “Repsol SA explores for, develops and produces crude oil products and natural gas, transports petroleum products and liquified petroleum gas and refines petroleum. In addition, the Company produces a variety of petrochemicals and markets petroleum products, petroleum derivatives, LPG and natural gas. “
REPYY has been the subject of several other reports. Deutsche Bank upgraded shares of Repsol from a sell rating to a hold rating in a research note on Monday, December 4th. Raymond James Financial upgraded shares of Repsol from a market perform rating to an outperform rating in a research note on Friday, September 22nd. Five analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company’s stock. Repsol has an average rating of Buy and a consensus price target of $20.50.
WARNING: This article was reported by Ticker Report and is owned by of Ticker Report. If you are accessing this article on another domain, it was illegally stolen and republished in violation of United States and international trademark and copyright laws. The original version of this article can be accessed at https://www.tickerreport.com/banking-finance/3146545/repsol-repyy-downgraded-by-zacks-investment-research.html.
Repsol Company Profile
Repsol, SA (Repsol) is an integrated energy company. The Company’s segments include Upstream, Downstream, and Corporation and others. The Upstream segment carries out oil and natural gas exploration and production activities, and manages its project portfolio. The Downstream segment includes covers the supply and trading of crude oil and other products; oil refining and marketing of oil products, and the production and marketing of chemicals.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Repsol Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Repsol and related companies with MarketBeat.com's FREE daily email newsletter.