Repsol (OTCMKTS:REPYY) Sets New 1-Year High – Still a Buy?

Shares of Repsol SA (OTCMKTS:REPYY) hit a new 52-week high during trading on Wednesday . The company traded as high as $19.59 and last traded at $19.50, with a volume of 28292 shares changing hands. The stock had previously closed at $19.1470.

Analyst Ratings Changes

Several research analysts have weighed in on the stock. Zacks Research downgraded shares of Repsol from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 2nd. Berenberg Bank upgraded Repsol from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 30th. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Repsol in a report on Friday, October 31st. Wall Street Zen raised Repsol from a “hold” rating to a “buy” rating in a report on Friday, August 1st. Finally, DZ Bank cut Repsol from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 30th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Repsol currently has a consensus rating of “Hold”.

Repsol Stock Performance

The firm’s fifty day simple moving average is $17.62 and its 200 day simple moving average is $15.59. The firm has a market cap of $22.41 billion, a P/E ratio of 30.27 and a beta of 0.62.

Repsol (OTCMKTS:REPYY) last released its earnings results on Thursday, October 30th. The energy company reported $0.82 earnings per share for the quarter, topping the consensus estimate of $0.74 by $0.08. The business had revenue of $15.02 billion during the quarter, compared to the consensus estimate of $15.28 billion. Repsol had a return on equity of 9.06% and a net margin of 1.33%. On average, equities research analysts predict that Repsol SA will post 2.36 earnings per share for the current year.

About Repsol

Repsol, SA operates as a multi-e energy company worldwide. Its Upstream segment engages in the exploration, development, and production of crude oil and natural gas reserves, as well as develops low-carbon geological solutions. The company's Industrial segment is involved in refining activities and petrochemicals business; the trading, transport, and sale of crude oil, natural gas, and fuels; and development of hydrogen, biomethane, sustainable biofuels, and synthetic fuels.