Repsol’s (REPYY) Overweight Rating Reiterated at JPMorgan Chase & Co.

JPMorgan Chase & Co. reiterated their overweight rating on shares of Repsol (OTCMKTS:REPYY) in a research note released on Monday morning, The Fly reports.

Several other research firms have also commented on REPYY. started coverage on shares of Repsol in a research note on Friday, July 2nd. They issued a buy rating for the company. Morgan Stanley raised shares of Repsol from an equal weight rating to an overweight rating in a research note on Monday, October 4th. Credit Suisse Group reissued an underperform rating on shares of Repsol in a research note on Thursday, July 8th. HSBC set a $11.01 price target on shares of Repsol and gave the stock a hold rating in a research note on Thursday, July 22nd. Finally, BNP Paribas upgraded shares of Repsol from an underperform rating to a neutral rating and set a $10.60 price target for the company in a research note on Tuesday, August 3rd. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of Hold and an average target price of $11.55.

OTCMKTS REPYY opened at $13.28 on Monday. The firm has a 50 day simple moving average of $11.97 and a 200-day simple moving average of $12.33. Repsol has a one year low of $5.94 and a one year high of $13.99. The firm has a market cap of $20.28 billion, a price-to-earnings ratio of -8.30, a PEG ratio of 0.18 and a beta of 1.20.

About Repsol

Repsol SA is engaged in the exploration and production of crude oil, natural gas, and refined petroleum. It operates through the following business segments: Upstream, Downstream, and Corporation & Others. The Upstream segment engages in exploration and development of crude oil and natural gas reserves.

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