UBS Group upgraded shares of Repsol (OTCMKTS:REPYY – Free Report) from a hold rating to a strong-buy rating in a research note published on Wednesday morning,Zacks.com reports.
Other equities analysts have also issued research reports about the company. BNP Paribas lowered Repsol from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 9th. Citigroup raised Repsol to a “strong-buy” rating in a research note on Wednesday, October 2nd. Finally, Sanford C. Bernstein lowered Repsol from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 13th. Three research analysts have rated the stock with a hold rating, one has assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, Repsol presently has an average rating of “Moderate Buy”.
Check Out Our Latest Stock Analysis on Repsol
Repsol Price Performance
Repsol (OTCMKTS:REPYY – Get Free Report) last posted its quarterly earnings data on Thursday, October 31st. The energy company reported $0.48 EPS for the quarter, missing analysts’ consensus estimates of $0.63 by ($0.15). The business had revenue of $14.95 billion during the quarter. Repsol had a return on equity of 13.09% and a net margin of 3.74%. Equities research analysts forecast that Repsol will post 2.78 earnings per share for the current fiscal year.
Repsol Increases Dividend
The business also recently announced a dividend, which will be paid on Tuesday, January 21st. Shareholders of record on Monday, January 13th will be paid a $0.4951 dividend. This is a positive change from Repsol’s previous dividend of $0.43. The ex-dividend date of this dividend is Monday, January 13th. Repsol’s dividend payout ratio is presently 41.05%.
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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