Repsol (OTCMKTS:REPYY) Price Target Raised to €17.00

Repsol (OTCMKTS:REPYY) had its price objective boosted by investment analysts at JPMorgan Chase & Co. from €16.50 ($18.75) to €17.00 ($19.32) in a report issued on Friday, The Fly reports.

Other research analysts also recently issued research reports about the stock. Exane BNP Paribas downgraded shares of Repsol from a “neutral” rating to an “underperform” rating in a report on Friday, January 7th. Barclays reissued an “equal weight” rating on shares of Repsol in a research report on Monday, October 4th. Zacks Investment Research lowered shares of Repsol from a “buy” rating to a “hold” rating in a research report on Tuesday, November 9th. UBS Group reissued a “buy” rating on shares of Repsol in a research report on Monday, November 15th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Repsol in a research report on Thursday, September 16th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $12.84.

Shares of OTCMKTS:REPYY traded up $0.06 during trading on Friday, reaching $12.79. The company’s stock had a trading volume of 56,643 shares, compared to its average volume of 74,280. Repsol has a 12 month low of $9.64 and a 12 month high of $13.99. The firm’s 50 day simple moving average is $11.86 and its two-hundred day simple moving average is $11.98. The stock has a market capitalization of $19.53 billion, a PE ratio of 13.61, a price-to-earnings-growth ratio of 0.13 and a beta of 1.12.

Repsol (OTCMKTS:REPYY) last announced its quarterly earnings results on Thursday, October 28th. The energy company reported $0.48 EPS for the quarter, beating the Zacks’ consensus estimate of $0.44 by $0.04. Repsol had a net margin of 2.85% and a return on equity of 9.57%. The firm had revenue of $15.72 billion during the quarter. On average, equities analysts predict that Repsol will post 1.8 EPS for the current fiscal year.

About Repsol

Repsol SA is engaged in the exploration and production of crude oil, natural gas, and refined petroleum. It operates through the following business segments: Upstream, Downstream, and Corporation & Others. The Upstream segment engages in exploration and development of crude oil and natural gas reserves.

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