Repsol SA (OTCMKTS:REPYY – Get Free Report)’s stock price hit a new 52-week high during trading on Wednesday . The company traded as high as $29.10 and last traded at $29.05, with a volume of 5231 shares traded. The stock had previously closed at $28.49.
Wall Street Analyst Weigh In
A number of brokerages recently weighed in on REPYY. Morgan Stanley raised shares of Repsol from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, March 24th. Zacks Research downgraded Repsol from a “hold” rating to a “strong sell” rating in a research note on Thursday, July 2nd. HSBC upgraded Repsol from a “hold” rating to a “buy” rating in a report on Monday, May 18th. Santander raised Repsol to an “outperform” rating in a research report on Thursday, July 2nd. Finally, The Goldman Sachs Group upgraded Repsol from a “buy” rating to a “buy” rating in a report on Thursday, April 30th. Two research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy”.
Read Our Latest Stock Report on REPYY
Repsol Stock Performance
Repsol (OTCMKTS:REPYY – Get Free Report) last released its earnings results on Thursday, April 30th. The energy company reported $0.90 earnings per share for the quarter, missing analysts’ consensus estimates of $0.91 by ($0.01). Repsol had a net margin of 4.40% and a return on equity of 11.52%. The business had revenue of $18.14 billion during the quarter, compared to the consensus estimate of $20.33 billion. As a group, equities analysts predict that Repsol SA will post 4.43 EPS for the current year.
About Repsol
Repsol is a Spanish integrated energy company engaged across the full oil and gas value chain and increasingly in low‑carbon energy businesses. Its core activities include upstream exploration and production of oil and natural gas, midstream operations such as liquefied natural gas (LNG) trading and logistics, and downstream refining, petrochemicals, and fuel marketing. The company also supplies lubricants, specialty chemicals and related industrial products, and operates a widespread network of retail fuel stations and convenience services.
Founded in 1987, Repsol has grown from a national refiner into a global energy player through international exploration, production projects and commercial expansion.
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