Repsol (OTCMKTS:REPYY) Downgraded by BNP Paribas to Hold

Repsol (OTCMKTS:REPYY) was downgraded by stock analysts at BNP Paribas from a “strong-buy” rating to a “hold” rating in a research note issued on Wednesday, Zacks.com reports.

REPYY has been the topic of a number of other research reports. UBS Group upgraded Repsol to a “hold” rating in a research note on Monday, September 16th. Citigroup upgraded Repsol to a “strong-buy” rating in a research report on Wednesday, October 2nd. Morgan Stanley lowered shares of Repsol from an “overweight” rating to an “equal weight” rating in a report on Thursday, August 29th. Finally, Sanford C. Bernstein raised shares of Repsol from a “hold” rating to a “strong-buy” rating in a report on Monday, September 23rd. Three equities research 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 company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy”.

Repsol Stock Performance

Shares of OTCMKTS REPYY opened at $13.27 on Wednesday. The company has a 50 day simple moving average of $13.46 and a two-hundred day simple moving average of $14.98. The stock has a market cap of $16.15 billion, a price-to-earnings ratio of 4.54 and a beta of 0.74. The company has a current ratio of 1.54, a quick ratio of 1.04 and a debt-to-equity ratio of 0.30. Repsol has a 12 month low of $12.62 and a 12 month high of $17.61.

Repsol (OTCMKTS:REPYY) last posted its earnings results on Wednesday, July 24th. The energy company reported $0.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.69 by $0.07. Repsol had a net margin of 5.64% and a return on equity of 14.92%. The company had revenue of $15.76 billion during the quarter. As a group, analysts predict that Repsol will post 3.3 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.