Repsol (OTCMKTS:REPYY) Stock Rating Lowered by The Goldman Sachs Group

Repsol (OTCMKTS:REPYY) was downgraded by stock analysts at The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a report released on Thursday,Zacks.com reports.

Other equities analysts have also recently issued research reports about the company. Jefferies Financial Group upgraded Repsol from a “hold” rating to a “buy” rating in a report on Thursday, January 8th. JPMorgan Chase & Co. cut shares of 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 report on Friday, December 12th. Zacks Research raised shares of Repsol from a “strong sell” rating to a “hold” rating in a report on Thursday, March 12th. Finally, Royal Bank Of Canada upgraded shares of Repsol from an “underperform” rating to an “outperform” rating in a research report on Thursday, March 12th. Two research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Repsol currently has an average rating of “Moderate Buy”.

Repsol Stock Performance

Shares of Repsol stock opened at $28.55 on Thursday. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.54 and a quick ratio of 1.05. The firm has a 50 day simple moving average of $21.43 and a 200 day simple moving average of $19.28. Repsol has a fifty-two week low of $10.41 and a fifty-two week high of $28.77. The firm has a market cap of $31.56 billion, a P/E ratio of 15.35, a P/E/G 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 (EPS) for the quarter, topping the consensus estimate of $0.63 by $0.06. The firm had revenue of $14.91 billion for the quarter, compared to the consensus estimate of $14 billion. Repsol had a return on equity of 10.48% and a net margin of 3.49%. Sell-side analysts predict that Repsol will post 2.36 earnings per share for the current fiscal year.

About Repsol

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.