Repsol (OTCMKTS:REPYY) Stock Rating Upgraded by UBS Group

UBS Group upgraded shares of Repsol (OTCMKTS:REPYY) from a hold rating to a strong-buy rating in a research note issued to investors on Wednesday morning,Zacks.com reports.

REPYY has been the subject of several other reports. BNP Paribas downgraded Repsol from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 9th. Citigroup upgraded Repsol to a “strong-buy” rating in a report on Wednesday, October 2nd. Finally, Sanford C. Bernstein downgraded Repsol from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 13th. Three investment analysts have rated the stock with a hold rating, one has given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

Repsol Stock Up 3.0 %

Shares of Repsol stock opened at $12.55 on Wednesday. Repsol has a 1 year low of $11.25 and a 1 year high of $17.61. The business has a 50-day moving average of $12.18 and a two-hundred day moving average of $13.23. The company has a market capitalization of $15.27 billion, a P/E ratio of 6.61 and a beta of 0.75. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.54 and a quick ratio of 1.04.

Repsol (OTCMKTS:REPYY) last announced its quarterly earnings results on Thursday, October 31st. The energy company reported $0.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.63 by ($0.15). Repsol had a return on equity of 13.09% and a net margin of 3.74%. The business had revenue of $14.95 billion during the quarter. As a group, equities analysts predict that Repsol will post 2.78 EPS for the current year.

Repsol Increases Dividend

The business also recently declared a dividend, which will be paid on Tuesday, January 21st. Shareholders of record on Monday, January 13th will be paid a $0.4951 dividend. This is an increase from Repsol’s previous dividend of $0.43. The ex-dividend date is Monday, January 13th. Repsol’s dividend payout ratio (DPR) is currently 41.05%.

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.