Repsol (OTCMKTS:REPYY) Upgraded at Royal Bank Of Canada

Royal Bank Of Canada upgraded shares of Repsol (OTCMKTS:REPYY) from an underperform rating to an outperform rating in a research report report published on Thursday, Marketbeat reports.

A number of other analysts also recently issued reports on the company. JPMorgan Chase & Co. downgraded Repsol from an “overweight” rating to a “neutral” rating in a research report on Tuesday, February 3rd. Barclays restated an “overweight” rating on shares of Repsol in a research note on Friday, December 12th. Wall Street Zen raised Repsol from a “buy” rating to a “strong-buy” rating in a research report on Thursday, March 5th. Jefferies Financial Group upgraded Repsol from a “hold” rating to a “buy” rating in a research note on Thursday, January 8th. Finally, DZ Bank raised Repsol from a “hold” rating to a “strong-buy” rating in a report on Thursday, February 19th. Two equities research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.

Repsol Stock Up 2.2%

Repsol stock opened at $26.43 on Thursday. The company has a current ratio of 1.47, a quick ratio of 1.05 and a debt-to-equity ratio of 0.45. Repsol has a 1-year low of $10.41 and a 1-year high of $26.50. The company has a fifty day simple moving average of $20.75 and a 200 day simple moving average of $18.98. The company has a market cap of $29.21 billion, a P/E ratio of 14.21, a price-to-earnings-growth ratio of 0.61 and a beta of 0.19.

Repsol (OTCMKTS:REPYY) last issued its quarterly earnings results on Thursday, February 19th. The energy company reported $0.69 EPS for the quarter, topping the consensus estimate of $0.63 by $0.06. Repsol had a net margin of 3.49% and a return on equity of 10.55%. The firm had revenue of $14.91 billion for the quarter, compared to analysts’ expectations of $14 billion. Research analysts anticipate 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.