Repsol SA (REPYY) Given Average Recommendation of “Buy” by Analysts

Shares of Repsol SA (OTCMKTS:REPYY) have been given an average recommendation of “Buy” by the seven brokerages that are currently covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company.

REPYY has been the topic of several recent analyst reports. Deutsche Bank raised Repsol from a “hold” rating to a “buy” rating in a report on Wednesday, September 19th. Barclays raised Repsol from an “equal weight” rating to an “overweight” rating in a report on Tuesday, September 11th. Zacks Investment Research cut Repsol from a “buy” rating to a “hold” rating in a report on Thursday, August 9th. Berenberg Bank initiated coverage on Repsol in a report on Tuesday, September 11th. They issued a “buy” rating on the stock. Finally, JPMorgan Chase & Co. raised Repsol from an “underweight” rating to an “overweight” rating in a report on Tuesday, September 11th.

REPYY traded down $0.12 during trading on Friday, reaching $18.83. 146,145 shares of the company were exchanged, compared to its average volume of 120,142. The stock has a market capitalization of $30.38 billion, a price-to-earnings ratio of 10.76, a price-to-earnings-growth ratio of 1.67 and a beta of 1.23. Repsol has a 12-month low of $16.73 and a 12-month high of $20.46.

About Repsol

Repsol, SA operates as an integrated energy company worldwide. Its Upstream segment engages in the exploration and development of crude oil and natural gas reserves. The company's Downstream segment in involved in refining and petro chemistry; trading and transportation of crude oil and oil products; commercialization of oil products, petrochemical, and LPG; and the commercialization, transport, and regasification of natural gas and liquefied natural gas (LNG).

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Analyst Recommendations for Repsol (OTCMKTS:REPYY)

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