Repsol (OTCMKTS:REPYY) Stock Falls 3.8% – Here’s What Happened

Repsol SA (OTCMKTS:REPYY) shares fell 3.8% on Wednesday. The company traded as low as $34.01 and last traded at $34.05. Approximately 5,940 shares traded hands during trading, a decline of 95% from the average session volume of 115,479 shares. The stock had previously closed at $35.39.

Analysts Set New Price Targets

REPYY has been the topic of a number of recent analyst reports. Zacks Research upgraded Repsol from a “hold” rating to a “strong-buy” rating in a report on Friday, September 18th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Repsol in a research note on Friday, July 24th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Repsol in a research report on Thursday, September 3rd. UBS Group set a $90.00 price objective on shares of Repsol in a research note on Friday, September 25th. Finally, Barclays restated an “overweight” rating on shares of Repsol in a report on Friday, July 24th. Two research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $87.50.

Repsol Price Performance

The company has a market cap of $37.90 billion, a price-to-earnings ratio of 13.50, a price-to-earnings-growth ratio of 0.27 and a beta of 0.02. The stock has a 50-day moving average price of $31.88 and a 200 day moving average price of $28.25.

Repsol Company Profile

Repsol, SA is a Spain-based integrated energy company engaged in oil and natural gas exploration and production, refining, transportation, marketing and power generation. The company serves consumers, businesses and industrial customers through operations spanning the energy value chain.

Its products and services include fuels for road, aviation and marine transportation; liquefied petroleum gas; lubricants; petrochemicals; and electricity and natural gas. Repsol also develops renewable energy projects, including solar and wind power, as well as lower-carbon fuels and other solutions intended to support the energy transition.

Founded in 1987, Repsol has expanded from its Spanish base into international markets across Europe, North America, Latin America and other regions.