Galp Energia SGPS SA (OTCMKTS:GLPEY – Get Free Report) has received a consensus rating of “Moderate Buy” from the nine ratings firms that are presently covering the firm, Marketbeat.com reports. Five analysts have rated the stock with a hold recommendation, three have given a buy recommendation and one has issued a strong buy recommendation on the company.
A number of equities analysts recently weighed in on the stock. Zacks Research upgraded shares of Galp Energia SGPS from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 12th. Morgan Stanley reaffirmed an “overweight” rating on shares of Galp Energia SGPS in a research note on Friday, September 4th. HSBC reiterated a “hold” rating on shares of Galp Energia SGPS in a report on Friday, September 25th. Citigroup reiterated a “neutral” rating on shares of Galp Energia SGPS in a report on Tuesday, October 13th. Finally, Barclays reiterated an “overweight” rating on shares of Galp Energia SGPS in a research note on Monday, October 5th.
Get Our Latest Research Report on GLPEY
Galp Energia SGPS Stock Down 0.6%
OTCMKTS GLPEY opened at $12.77 on Tuesday. The stock’s 50 day moving average is $12.38 and its 200 day moving average is $11.61. The company has a current ratio of 1.53, a quick ratio of 1.20 and a debt-to-equity ratio of 0.54. Galp Energia SGPS has a 12 month low of $8.10 and a 12 month high of $13.09. The stock has a market cap of $17.34 billion and a PE ratio of 11.08.
Galp Energia SGPS (OTCMKTS:GLPEY – Get Free Report) last announced its quarterly earnings data on Monday, July 27th. The energy company reported $0.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.34 by $0.26. The business had revenue of $8.02 billion during the quarter, compared to analyst estimates of $6.79 billion. Galp Energia SGPS had a net margin of 5.43% and a return on equity of 30.13%. Research analysts predict that Galp Energia SGPS will post 1.44 EPS for the current fiscal year.
Galp Energia SGPS Company Profile
Galp Energia SGPS, SA is a Portuguese integrated energy company with activities spanning exploration and production, refining, trading, and the distribution and sale of energy products. The company supplies fuels, natural gas, electricity, lubricants, and other energy-related products to retail, commercial, and industrial customers.
Galp’s upstream business focuses on the exploration, development, and production of crude oil and natural gas, with a significant presence in Brazil and interests in other international projects.
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