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

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

Several other research firms have also issued reports on REPYY. UBS Group upgraded shares of Repsol to a "hold" rating in a research report on Monday, September 16th. Citigroup upgraded shares of Repsol to a "strong-buy" rating in a research report on Wednesday, October 2nd. Morgan Stanley lowered shares of Repsol from an "overweight" rating to an "equal weight" rating in a research report on Thursday, August 29th. Finally, BNP Paribas lowered shares of Repsol from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, October 9th. Four research analysts have rated the stock with a hold rating, one has issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy".

Repsol Stock Performance

Repsol stock traded up $0.19 during trading hours on Wednesday, hitting $12.40. The company had a trading volume of 315,650 shares, compared to its average volume of 119,935. The firm has a market cap of $15.09 billion, a PE ratio of 6.53 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 one year low of $11.94 and a one year high of $17.61. The firm has a 50-day moving average of $12.90 and a 200 day moving average of $14.26.

Repsol (OTCMKTS:REPYY - Get Free Report) last announced its 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). Repsol had a return on equity of 13.09% and a net margin of 3.74%. The business had revenue of $14.95 billion for the quarter. On average, sell-side analysts expect 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.