Repsol (OTCMKTS:REPYY) Cut to Hold at The Goldman Sachs Group

The Goldman Sachs Group cut shares of Repsol (OTCMKTS:REPYY) from a strong-buy rating to a hold rating in a research report sent to investors on Thursday,Zacks.com reports.

Other analysts have also issued research reports about the stock. Jefferies Financial Group raised shares of Repsol from a “hold” rating to a “buy” rating in a report on Thursday, January 8th. Wall Street Zen raised Repsol from a “buy” rating to a “strong-buy” rating in a report on Thursday, March 5th. JPMorgan Chase & Co. lowered Repsol from an “overweight” rating to a “neutral” rating in a research report on Tuesday, February 3rd. Barclays reissued an “overweight” rating on shares of Repsol in a research note on Friday, December 12th. Finally, Royal Bank Of Canada upgraded Repsol from an “underperform” rating to an “outperform” rating in a research report on Thursday, March 12th. Two investment analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy”.

Repsol Stock Down 1.2%

Shares of OTCMKTS REPYY opened at $28.22 on Thursday. Repsol has a 12-month low of $10.41 and a 12-month high of $29.08. The firm’s 50-day simple moving average is $21.61 and its 200 day simple moving average is $19.38. The company has a quick ratio of 1.05, a current ratio of 1.54 and a debt-to-equity ratio of 0.41. The company has a market cap of $31.19 billion, a price-to-earnings ratio of 15.17, a price-to-earnings-growth ratio of 0.52 and a beta of 0.19.

Repsol (OTCMKTS:REPYY) last posted its quarterly earnings data on Thursday, February 19th. The energy company reported $0.69 earnings per share for the quarter, beating the consensus estimate of $0.63 by $0.06. Repsol had a net margin of 3.49% and a return on equity of 10.48%. The firm had revenue of $14.91 billion during the quarter, compared to analysts’ expectations of $14 billion. On average, research analysts expect that Repsol will post 2.36 earnings per share for the current fiscal year.

Repsol Company Profile

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.