Repsol (OTCMKTS:REPYY) Cut to “Hold” at Sanford C. Bernstein

Sanford C. Bernstein lowered shares of Repsol (OTCMKTS:REPYY) from a strong-buy rating to a hold rating in a report published on Wednesday,Zacks.com reports.

Other research analysts have also recently issued research reports about the stock. BNP Paribas cut shares of Repsol from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 9th. UBS Group upgraded shares of Repsol to a “hold” rating in a report on Monday, September 16th. Morgan Stanley cut shares of Repsol from an “overweight” rating to an “equal weight” rating in a report on Thursday, August 29th. Finally, Citigroup upgraded shares of Repsol to a “strong-buy” rating in a report on Wednesday, October 2nd. Four research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy”.

Repsol Trading Up 1.6 %

Shares of REPYY traded up $0.19 on Wednesday, reaching $12.40. 315,650 shares of the company’s stock were exchanged, compared to its average volume of 119,935. The company has a current ratio of 1.54, a quick ratio of 1.04 and a debt-to-equity ratio of 0.30. The stock has a market capitalization of $15.09 billion, a P/E ratio of 6.53 and a beta of 0.74. The business has a 50 day moving average price of $12.90 and a two-hundred day moving average price of $14.26. Repsol has a 12 month low of $11.94 and a 12 month high of $17.61.

Repsol (OTCMKTS:REPYY) last issued its quarterly earnings data on Thursday, October 31st. The energy company reported $0.48 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.63 by ($0.15). The firm had revenue of $14.95 billion for the quarter. Repsol had a net margin of 3.74% and a return on equity of 13.09%. Research analysts anticipate that Repsol will post 3.26 earnings per share for the current year.

About Repsol

Repsol, SA operates as a multi-e energy company worldwide. Its Upstream segment engages in the exploration, development, and production of crude oil and natural gas reserves, as well as develops low-carbon geological solutions. The company's Industrial segment is involved in refining activities and petrochemicals business; the trading, transport, and sale of crude oil, natural gas, and fuels; and development of hydrogen, biomethane, sustainable biofuels, and synthetic fuels.