Credit Suisse Downgrades Repsol to Neutral (REPYY)
Repsol (NASDAQ:REPYY) was downgraded by Credit Suisse from an “outperform” rating to a “neutral” rating in a research note issued on Monday, TheFlyOnTheWall.com reports.
Separately, analysts at Barclays Capital downgraded shares of Repsol (NASDAQ:REPYY) from an “overweight” rating to an “equal weight” rating in a research note to investors on Wednesday, August 14th.
Shares of Repsol (NASDAQ:REPYY) traded down 0.65% during mid-day trading on Monday, hitting $24.47. 6,702 shares of the company’s stock traded hands. Repsol has a 52-week low of $18.62 and a 52-week high of $24.69. The stock has a 50-day moving average of $23.91 and a 200-day moving average of $22.63. The company has a market cap of $32.365 billion and a price-to-earnings ratio of 12.25.
Repsol SA is a Spain-based integrated oil and gas company engaged in the exploration, production, refining, transportation and marketing of crude oil, natural and liquefied petroleum gas (NASDAQ:REPYY) and petrochemicals products, as well as the generation, transportation, distribution and supply of electricity.
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