JPMorgan Chase & Co. Downgrades Repsol (OTCMKTS:REPYY) to Neutral

Repsol (OTCMKTS:REPYY) was downgraded by analysts at JPMorgan Chase & Co. from an “overweight” rating to a “neutral” rating in a research report issued on Tuesday, Marketbeat reports.

A number of other research analysts have also commented on REPYY. Zacks Research lowered Repsol from a “hold” rating to a “strong sell” rating in a research report on Monday, January 12th. Jefferies Financial Group upgraded Repsol from a “hold” rating to a “buy” rating in a report on Thursday, January 8th. Royal Bank Of Canada lowered Repsol from a “sector perform” rating to an “underperform” rating in a research report on Thursday, January 15th. DZ Bank cut Repsol from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 30th. Finally, Barclays reaffirmed an “overweight” rating on shares of Repsol in a research note on Friday, December 12th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, four have given a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold”.

Repsol Stock Up 0.2%

Shares of OTCMKTS:REPYY opened at $19.50 on Tuesday. The company has a quick ratio of 1.05, a current ratio of 1.47 and a debt-to-equity ratio of 0.45. The firm has a market cap of $22.56 billion, a P/E ratio of 18.22, a P/E/G ratio of 5.28 and a beta of 0.25. Repsol has a 12 month low of $10.41 and a 12 month high of $20.00. The company’s 50-day moving average price is $18.86 and its two-hundred day moving average price is $17.74.

About Repsol

Repsol is a Spanish integrated energy company engaged across the full oil and gas value chain and increasingly in low‑carbon energy businesses. Its core activities include upstream exploration and production of oil and natural gas, midstream operations such as liquefied natural gas (LNG) trading and logistics, and downstream refining, petrochemicals, and fuel marketing. The company also supplies lubricants, specialty chemicals and related industrial products, and operates a widespread network of retail fuel stations and convenience services.

Founded in 1987, Repsol has grown from a national refiner into a global energy player through international exploration, production projects and commercial expansion.