Repsol (OTCMKTS:REPYY) Upgraded to “Strong-Buy” at Citigroup

Citigroup upgraded shares of Repsol (OTCMKTS:REPYY) to a strong-buy rating in a research report report published on Wednesday morning, Zacks.com reports.

Several other analysts have also weighed in on the company. Morgan Stanley lowered Repsol from an overweight rating to an equal weight rating in a research note on Thursday, August 29th. UBS Group raised shares of Repsol to a hold rating in a research note on Monday, September 16th. Finally, Sanford C. Bernstein raised Repsol from a hold rating to a strong-buy rating in a research note on Monday, September 23rd. Two investment analysts have rated the stock with a hold rating, one has given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of Buy.

Repsol Stock Up 0.2 %

REPYY stock opened at $13.49 on Wednesday. The business has a 50-day simple moving average of $13.51 and a 200 day simple moving average of $15.05. The company has a market cap of $17.23 billion, a PE ratio of 5.21 and a beta of 0.74. The company has a quick ratio of 1.04, a current ratio of 1.54 and a debt-to-equity ratio of 0.30. Repsol has a 52 week low of $12.62 and a 52 week high of $17.61.

Repsol (OTCMKTS:REPYY) last announced its quarterly earnings data on Wednesday, July 24th. The energy company reported $0.76 EPS for the quarter, beating the consensus estimate of $0.69 by $0.07. The business had revenue of $15.76 billion during the quarter. Repsol had a net margin of 5.64% and a return on equity of 14.92%. Sell-side analysts anticipate that Repsol will post 3.37 EPS for the current fiscal year.

About Repsol

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.