Repsol (REPYY) Projected to Announce Earnings on Thursday

Repsol (OTCMKTS:REPYY) is projected to post its results before the market opens on Thursday, October 29th. Analysts expect the company to post earnings of $2.67 per share and revenue of $21.13 billion for the quarter.

Repsol Trading Down 0.7%

Repsol stock opened at $32.93 on Tuesday. The business’s 50 day simple moving average is $33.01 and its 200 day simple moving average is $26.99. Repsol has a 12 month low of $17.75 and a 12 month high of $35.98. The company has a market cap of $36.40 billion, a price-to-earnings ratio of 12.96, a PEG ratio of 0.21 and a beta of 0.07.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on REPYY shares. Santander lowered Repsol from an “outperform” rating to a “neutral” rating in a research note on Tuesday, September 22nd. Zacks Research raised Repsol from a “hold” rating to a “strong-buy” rating in a research report on Friday, September 18th. The Goldman Sachs Group reiterated a “buy” rating on shares of Repsol in a research note on Friday, July 24th. UBS Group set a $90.00 price objective on Repsol in a report on Friday, September 25th. Finally, Royal Bank Of Canada restated an “outperform” rating on shares of Repsol in a research note on Thursday, September 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $87.50.

About Repsol

Repsol, SA is a Spain-based, integrated energy company engaged in the exploration, production, refining, distribution and marketing of energy products. Its operations include oil and natural gas exploration and production, refining, fuel distribution, service stations, lubricants, liquefied petroleum gas and petrochemicals.

The company also develops lower-carbon businesses, including renewable power generation, renewable fuels, hydrogen and energy solutions for residential and industrial customers.