Repsol (OTCMKTS:REPYY) Downgraded by Sanford C. Bernstein to Hold

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

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

Repsol Stock Up 1.6 %

Shares of Repsol stock opened at $12.40 on Wednesday. The company has a current ratio of 1.54, a quick ratio of 1.04 and a debt-to-equity ratio of 0.30. The business’s 50 day simple moving average is $12.91 and its 200-day simple moving average is $14.29. The stock has a market capitalization of $15.09 billion, a price-to-earnings ratio of 6.53 and a beta of 0.74. Repsol has a twelve month low of $11.94 and a twelve month high of $17.61.

Repsol (OTCMKTS:REPYY) last announced 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). The company had revenue of $14.95 billion for 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 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.