Equities Analysts Set Expectations for Galp Energia SGPS SA’s Q3 2016 Earnings (GLPEY)
Galp Energia SGPS SA (OTC:GLPEY) – Investment analysts at Jefferies Group issued their Q3 2016 earnings estimates for Galp Energia SGPS SA in a note issued to investors on Tuesday. Jefferies Group analyst M. Kofler forecasts that the brokerage will post earnings of $0.09 per share for the quarter. Jefferies Group also issued estimates for Galp Energia SGPS SA’s FY2016 earnings at $0.32 EPS.
Separately, Barclays PLC downgraded Galp Energia SGPS SA from an “overweight” rating to an “equal weight” rating in a research report on Thursday, September 1st.
Galp Energia SGPS SA (OTC:GLPEY) traded up 0.58% during mid-day trading on Thursday, reaching $6.90. The company’s stock had a trading volume of 871 shares. The company has a market cap of $11.44 billion, a PE ratio of 172.50 and a beta of 0.68. Galp Energia SGPS SA has a 12-month low of $4.89 and a 12-month high of $7.64. The firm’s 50 day moving average is $6.97 and its 200-day moving average is $6.81.
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