Zacks Investment Research upgraded shares of Repsol (OTCMKTS:REPYY) from a hold rating to a buy rating in a research report released on Thursday morning. Zacks Investment Research currently has $20.00 target price on the energy company’s stock.
According to Zacks, “Repsol SA explores for, develops and produces crude oil products and natural gas, transports petroleum products and liquified petroleum gas and refines petroleum. In addition, the Company produces a variety of petrochemicals and markets petroleum products, petroleum derivatives, LPG and natural gas. “
A number of other research analysts have also weighed in on the stock. Deutsche Bank raised shares of Repsol from a sell rating to a hold rating in a research note on Monday, December 4th. Raymond James Financial raised shares of Repsol from a market perform rating to an outperform rating in a research note on Friday, September 22nd. Five investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. The company currently has an average rating of Buy and an average price target of $19.50.
Repsol (OTCMKTS REPYY) opened at $19.09 on Thursday. Repsol has a 12 month low of $14.19 and a 12 month high of $19.08. The firm has a market cap of $28,558.64, a price-to-earnings ratio of 12.16, a price-to-earnings-growth ratio of 11.77 and a beta of 1.40.
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Repsol, SA (Repsol) is an integrated energy company. The Company’s segments include Upstream, Downstream, and Corporation and others. The Upstream segment carries out oil and natural gas exploration and production activities, and manages its project portfolio. The Downstream segment includes covers the supply and trading of crude oil and other products; oil refining and marketing of oil products, and the production and marketing of chemicals.
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