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

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

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

Repsol Price Performance

Shares of OTCMKTS:REPYY 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. Repsol has a 1 year low of $11.94 and a 1 year high of $17.61. The business has a fifty day simple moving average of $12.91 and a 200 day simple moving average of $14.29. The firm has a market cap of $15.09 billion, a price-to-earnings ratio of 6.53 and a beta of 0.74.

Repsol (OTCMKTS:REPYY) last announced 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). Repsol had a return on equity of 13.09% and a net margin of 3.74%. The firm had revenue of $14.95 billion for the quarter. As a group, 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.