Sanford C. Bernstein downgraded shares of Repsol (OTCMKTS:REPYY – Free Report) from a strong-buy rating to a hold rating in a research report released on Wednesday,Zacks.com reports.
Several other brokerages have also issued reports on REPYY. BNP Paribas lowered shares of Repsol from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 9th. UBS Group raised shares of Repsol to a “hold” rating in a report on Monday, September 16th. Morgan Stanley downgraded shares of Repsol from an “overweight” rating to an “equal weight” rating in a report on Thursday, August 29th. Finally, Citigroup raised shares of Repsol to a “strong-buy” rating in a report on Wednesday, October 2nd. Four research analysts have rated the stock with a hold rating, one has issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.
Check Out Our Latest Stock Analysis on REPYY
Repsol Stock Performance
Repsol (OTCMKTS:REPYY – Get Free Report) last announced its earnings results on Thursday, October 31st. The energy company reported $0.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.63 by ($0.15). The business had revenue of $14.95 billion for the quarter. Repsol had a net margin of 3.74% and a return on equity of 13.09%. Sell-side analysts predict that Repsol will post 3.26 earnings per share for the current fiscal year.
Repsol Company Profile
Repsol, SA operates as a multi-e energy company worldwide. Its Upstream segment engages in the exploration, development, and production of crude oil and natural gas reserves, as well as develops low-carbon geological solutions. The company's Industrial segment is involved in refining activities and petrochemicals business; the trading, transport, and sale of crude oil, natural gas, and fuels; and development of hydrogen, biomethane, sustainable biofuels, and synthetic fuels.
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