BNP Paribas Lowers Repsol (OTCMKTS:REPYY) to Hold

BNP Paribas downgraded shares of Repsol (OTCMKTS:REPYY - Free Report) from a strong-buy rating to a hold rating in a research report released on Wednesday, Zacks.com reports.

Several other research analysts also recently weighed in on REPYY. 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 note on Wednesday, October 2nd. Morgan Stanley downgraded Repsol from an overweight rating to an equal weight rating in a research note on Thursday, August 29th. Finally, Sanford C. Bernstein upgraded Repsol from a hold rating to a strong-buy rating in a research note on Monday, September 23rd. Three research analysts have rated the stock with a hold rating, one has assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, Repsol presently has an average rating of Moderate Buy.

Repsol Stock Performance

Shares of OTCMKTS:REPYY traded down $0.12 during mid-day trading on Wednesday, reaching $13.15. 113,136 shares of the company traded hands, compared to its average volume of 108,133. The company's 50 day moving average price is $13.45 and its 200-day moving average price is $14.97. The firm has a market cap of $16.00 billion, a PE ratio of 4.54 and a beta of 0.74. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.54 and a quick ratio of 1.04. Repsol has a 52 week low of $12.62 and a 52 week high of $17.61.

Repsol (OTCMKTS:REPYY - Get Free Report) last announced its quarterly earnings data 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. The company had revenue of $15.76 billion during the quarter. Repsol had a return on equity of 14.92% and a net margin of 5.64%. On average, equities analysts expect that Repsol will post 3.3 EPS 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.