Repsol (OTCMKTS:REPYY) Rating Lowered to “Hold” at Sanford C. Bernstein

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

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

Repsol Stock Performance

Shares of OTCMKTS:REPYY opened at $12.40 on Wednesday. The firm has a 50 day moving average of $12.90 and a 200 day moving average of $14.26. The company has a quick ratio of 1.04, a current ratio of 1.54 and a debt-to-equity ratio of 0.30. The company 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 52 week low of $11.94 and a 52 week 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 (EPS) for the quarter, missing analysts’ consensus estimates 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%. On average, sell-side analysts predict that Repsol will post 3.26 earnings per share 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.