Repsol (OTCMKTS:REPYY) Cut to Hold at Sanford C. Bernstein

Sanford C. Bernstein cut shares of Repsol (OTCMKTS:REPYY) from a strong-buy rating to a hold rating in a research report report published on Wednesday morning,Zacks.com reports.

REPYY has been the subject of several other research reports. BNP Paribas lowered shares of Repsol from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 9th. Citigroup raised shares of Repsol to a “strong-buy” rating in a research note on Wednesday, October 2nd. UBS Group raised Repsol to a “hold” rating in a research note on Monday, September 16th. 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 assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

Repsol Trading Up 1.6 %

REPYY opened at $12.40 on Wednesday. The stock has a 50-day moving average of $12.90 and a 200 day moving average of $14.26. 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 $11.94 and a 12 month high of $17.61. The firm has a market cap of $15.09 billion, a P/E ratio of 6.53 and a beta of 0.74.

Repsol (OTCMKTS:REPYY) last posted its quarterly earnings data on Thursday, October 31st. The energy company reported $0.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.63 by ($0.15). The company had revenue of $14.95 billion during the quarter. Repsol had a net margin of 3.74% and a return on equity of 13.09%. As a group, research analysts forecast that Repsol will post 3.26 EPS for the current 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.