Repsol (REPYY) Upgraded at Zacks Investment Research
Repsol (OTCMKTS:REPYY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research note issued to investors on Thursday. The brokerage presently has a $20.00 price objective on the energy company’s stock. Zacks Investment Research‘s price target would suggest a potential upside of 5.15% from the company’s current price.
According to Zacks, “Repsol SA explores for, develops and produces crude oil products and natural gas, transports petroleum products and liquified petroleum gas and refines petroleum. In addition, the Company produces a variety of petrochemicals and markets petroleum products, petroleum derivatives, LPG and natural gas. “
A number of other research analysts have also issued reports on REPYY. Deutsche Bank upgraded shares of Repsol from a “sell” rating to a “hold” rating in a report on Monday, December 4th. Raymond James Financial upgraded shares of Repsol from a “market perform” rating to an “outperform” rating in a report on Friday, September 22nd. Five research analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. The stock has an average rating of “Buy” and an average target price of $19.50.
Repsol Company Profile
Repsol, SA (Repsol) is an integrated energy company. The Company’s segments include Upstream, Downstream, and Corporation and others. The Upstream segment carries out oil and natural gas exploration and production activities, and manages its project portfolio. The Downstream segment includes covers the supply and trading of crude oil and other products; oil refining and marketing of oil products, and the production and marketing of chemicals.
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