Zacks Research Downgrades Repsol (OTCMKTS:REPYY) to Hold

Repsol (OTCMKTS:REPYY) was downgraded by analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a report released on Monday,Zacks.com reports.

Several other analysts have also recently issued reports on the stock. Wall Street Zen raised shares of Repsol from a “buy” rating to a “strong-buy” rating in a report on Thursday, March 5th. Morgan Stanley raised shares of Repsol from an “equal weight” rating to an “overweight” rating in a report on Tuesday, March 24th. Royal Bank Of Canada raised shares of Repsol from an “underperform” rating to an “outperform” rating in a report on Thursday, March 12th. The Goldman Sachs Group raised shares of Repsol from a “buy” rating to a “buy” rating in a report on Thursday, April 30th. Finally, JPMorgan Chase & Co. cut shares of Repsol from an “overweight” rating to a “neutral” rating in a report on Tuesday, February 3rd. 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 stock. Based on data from MarketBeat.com, the company has an average rating of “Buy”.

Repsol Trading Up 1.1%

REPYY opened at $26.63 on Monday. The stock has a market capitalization of $29.44 billion, a PE ratio of 10.65, a P/E/G ratio of 0.29 and a beta of 0.01. The firm’s fifty day moving average price is $26.25 and its 200 day moving average price is $22.36. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.54 and a quick ratio of 1.15. Repsol has a 12-month low of $13.50 and a 12-month high of $29.08.

Repsol (OTCMKTS:REPYY) last posted its quarterly earnings results on Thursday, April 30th. The energy company reported $0.90 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.91 by ($0.01). The company had revenue of $18.14 billion during the quarter, compared to analyst estimates of $20.33 billion. Repsol had a net margin of 4.40% and a return on equity of 11.52%. As a group, research analysts expect that Repsol will post 4.7 EPS for the current fiscal 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.