Repsol SA (NASDAQ:REPYY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Wednesday, August 2nd. The firm presently has a $19.00 price objective on the energy company’s stock. Zacks Investment Research‘s target price points to a potential upside of 13.84% from the company’s previous close.
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. “
Other research analysts also recently issued research reports about the company. ValuEngine raised Repsol SA from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, August 1st. Sanford C. Bernstein raised Repsol SA from an “underperform” rating to a “market perform” rating in a research note on Thursday, July 6th. Finally, Macquarie downgraded Repsol SA from an “outperform” rating to a “neutral” rating in a research note on Wednesday, June 21st. One analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a strong buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $19.00.
Shares of Repsol SA (NASDAQ REPYY) traded down 0.78% during trading on Wednesday, reaching $16.56. The company had a trading volume of 10,176 shares. Repsol SA has a 52-week low of $12.73 and a 52-week high of $17.26. The company has a market capitalization of $25.25 billion and a P/E ratio of 9.79. The firm has a 50-day moving average price of $16.18 and a 200-day moving average price of $15.76.
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About Repsol SA
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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