Repsol (OTCMKTS:REPYY) Shares Down 3.8% – What’s Next?

Repsol SA (OTCMKTS:REPYY) shares traded down 3.8% during trading on Wednesday. The stock traded as low as $34.01 and last traded at $34.05. Approximately 5,940 shares changed hands during mid-day trading, a decline of 95% from the average session volume of 115,479 shares. The stock had previously closed at $35.39.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on REPYY shares. Royal Bank Of Canada reiterated an “outperform” rating on shares of Repsol in a report on Thursday, September 3rd. The Goldman Sachs Group restated a “buy” rating on shares of Repsol in a report on Friday, July 24th. Barclays reaffirmed an “overweight” rating on shares of Repsol in a research report on Friday, July 24th. Citigroup reiterated a “buy” rating on shares of Repsol in a report on Wednesday, August 26th. Finally, UBS Group set a $90.00 target price on Repsol in a research report on Friday, September 25th. Two research 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. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $87.50.

Repsol Price Performance

The business’s 50-day moving average is $31.88 and its two-hundred day moving average is $28.25. The firm has a market cap of $37.90 billion, a P/E ratio of 13.50, a P/E/G ratio of 0.27 and a beta of 0.02.

Repsol Company Profile

Repsol, SA is a Spain-based integrated energy company engaged in oil and natural gas exploration and production, refining, transportation, marketing and power generation. The company serves consumers, businesses and industrial customers through operations spanning the energy value chain.

Its products and services include fuels for road, aviation and marine transportation; liquefied petroleum gas; lubricants; petrochemicals; and electricity and natural gas. Repsol also develops renewable energy projects, including solar and wind power, as well as lower-carbon fuels and other solutions intended to support the energy transition.

Founded in 1987, Repsol has expanded from its Spanish base into international markets across Europe, North America, Latin America and other regions.