Jefferies Group Weighs in on Galp Energia Sgps’ Q4 2017 Earnings (GLPEY)

Galp Energia Sgps (OTCMKTS:GLPEY) – Analysts at Jefferies Group issued their Q4 2017 earnings estimates for Galp Energia Sgps in a report released on Friday. Jefferies Group analyst M. Kofler anticipates that the energy company will earn $0.10 per share for the quarter.

Separately, Zacks Investment Research upgraded shares of Galp Energia Sgps from a “hold” rating to a “buy” rating and set a $10.00 price target on the stock in a report on Wednesday, November 1st.

Galp Energia Sgps (OTCMKTS:GLPEY) opened at $9.87 on Monday. The company has a market cap of $15,215.20, a PE ratio of 29.89, a P/E/G ratio of 7.31 and a beta of 0.56. Galp Energia Sgps has a fifty-two week low of $7.05 and a fifty-two week high of $9.89. The company has a current ratio of 1.52, a quick ratio of 1.16 and a debt-to-equity ratio of 0.34.

Galp Energia Sgps (OTCMKTS:GLPEY) last issued its quarterly earnings results on Monday, October 30th. The energy company reported $0.12 EPS for the quarter. Galp Energia Sgps had a net margin of 3.17% and a return on equity of 7.73%.

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Galp Energia Sgps Company Profile

Galp Energia, SGPS, SA operates as oil and natural gas integrated operator worldwide. Its Exploration & Production segment explores, develops, and produces hydrocarbons in approximately 53 projects with proved, probable, and possible reserves of 673 million barrels of oil equivalent. The company’s Refining & Marketing of Oil Products segment engages in the refining, retail, and wholesale marketing of oil products; operation of oil products storage and transportation infrastructure; and operation of 1,436 service stations in Portugal, Spain, and Africa.

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