Jefferies Group Comments on Galp Energia Sgps’ FY2018 Earnings (GLPEY)

Galp Energia Sgps (OTCMKTS:GLPEY) – Stock analysts at Jefferies Group boosted their FY2018 earnings per share (EPS) estimates for shares of Galp Energia Sgps in a note issued to investors on Wednesday. Jefferies Group analyst M. Kofler now forecasts that the energy company will earn $0.49 per share for the year, up from their previous forecast of $0.45.

Separately, Zacks Investment Research downgraded Galp Energia Sgps from a “buy” rating to a “hold” rating in a report on Tuesday, January 9th.

Galp Energia Sgps (OTCMKTS:GLPEY) opened at $9.10 on Friday. Galp Energia Sgps has a 12-month low of $7.12 and a 12-month high of $10.21. The firm has a market cap of $14,000.00, a PE ratio of 27.51, a P/E/G ratio of 1.85 and a beta of 0.93. The company has a current ratio of 1.52, a quick ratio of 1.16 and a debt-to-equity ratio of 0.34.

COPYRIGHT VIOLATION NOTICE: “Jefferies Group Comments on Galp Energia Sgps’ FY2018 Earnings (GLPEY)” was published by The Lincolnian Online and is the sole property of of The Lincolnian Online. If you are accessing this piece of content on another publication, it was stolen and reposted in violation of United States and international trademark & copyright laws. The correct version of this piece of content can be read at

Galp Energia Sgps Company Profile

Galp Energia, SGPS, SA operates as oil and natural gas integrated operator worldwide. Its Exploration & Production segment explores, develops, and produces hydrocarbons in approximately 53 projects with proved, probable, and possible reserves of 673 million barrels of oil equivalent. The company’s Refining & Marketing of Oil Products segment engages in the refining, retail, and wholesale marketing of oil products; operation of oil products storage and transportation infrastructure; and operation of 1,436 service stations in Portugal, Spain, and Africa.

Receive News & Ratings for Galp Energia Sgps Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Galp Energia Sgps and related companies with's FREE daily email newsletter.

Leave a Reply