Repsol (OTCMKTS:REPYY) Stock Rating Lowered by Sanford C. Bernstein

Repsol (OTCMKTS:REPYY) was downgraded by equities researchers at Sanford C. Bernstein from a “strong-buy” rating to a “hold” rating in a research note issued to investors on Wednesday,Zacks.com reports.

Other equities research analysts have also recently issued reports about the company. Citigroup raised Repsol to a “strong-buy” rating in a research note on Wednesday, October 2nd. BNP Paribas cut Repsol from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 9th. UBS Group upgraded shares of Repsol to a “hold” rating in a research report on Monday, September 16th. Finally, Morgan Stanley cut shares of Repsol from an “overweight” rating to an “equal weight” rating in a report on Thursday, August 29th. Four equities research analysts have rated the stock with a hold rating, one has given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

Repsol Trading Up 1.6 %

OTCMKTS:REPYY traded up $0.19 on Wednesday, hitting $12.40. 315,650 shares of the stock were exchanged, compared to its average volume of 119,935. The stock has a market capitalization of $15.09 billion, a price-to-earnings ratio of 6.53 and a beta of 0.74. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.04 and a current ratio of 1.54. Repsol has a 52 week low of $11.94 and a 52 week high of $17.61. The company’s 50-day moving average price is $12.90 and its 200 day moving average price is $14.26.

Repsol (OTCMKTS:REPYY) last posted its quarterly earnings results on Thursday, October 31st. The energy company reported $0.48 earnings per share for the quarter, missing analysts’ consensus estimates of $0.63 by ($0.15). Repsol had a return on equity of 13.09% and a net margin of 3.74%. The business had revenue of $14.95 billion for the quarter. On average, equities research analysts forecast that Repsol will post 3.26 earnings per share for the current 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.