UBS Group Upgrades Repsol (OTCMKTS:REPYY) to Strong-Buy

UBS Group upgraded shares of Repsol (OTCMKTS:REPYY) from a hold rating to a strong-buy rating in a research note released on Wednesday,Zacks.com reports.

A number of other analysts have also recently weighed in on the stock. Sanford C. Bernstein cut shares of Repsol from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 13th. Citigroup upgraded shares of Repsol to a “strong-buy” rating in a report on Wednesday, October 2nd. Finally, BNP Paribas lowered Repsol from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 9th. Three research analysts have rated the stock with a hold rating, one has issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, Repsol presently has an average rating of “Moderate Buy”.

Repsol Trading Up 3.0 %

Repsol stock opened at $12.55 on Wednesday. Repsol has a one year low of $11.25 and a one year high of $17.61. The company’s fifty day moving average price is $12.18 and its two-hundred day moving average price is $13.23. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.54 and a quick ratio of 1.04. The company has a market capitalization of $15.27 billion, a price-to-earnings ratio of 6.61 and a beta of 0.75.

Repsol (OTCMKTS:REPYY) last issued its quarterly earnings data on Thursday, October 31st. The energy company reported $0.48 EPS for the quarter, missing analysts’ consensus estimates of $0.63 by ($0.15). Repsol had a net margin of 3.74% and a return on equity of 13.09%. The company had revenue of $14.95 billion for the quarter. On average, analysts forecast that Repsol will post 2.78 earnings per share for the current fiscal year.

Repsol Increases Dividend

The business also recently declared a dividend, which will be paid on Tuesday, January 21st. Shareholders of record on Monday, January 13th will be issued a $0.4951 dividend. The ex-dividend date is Monday, January 13th. This is an increase from Repsol’s previous dividend of $0.43. Repsol’s dividend payout ratio is 41.05%.

Repsol Company Profile

Repsol, SA operates as a multi-e energy company worldwide. Its Upstream segment engages in the exploration, development, and production of crude oil and natural gas reserves, as well as develops low-carbon geological solutions. The company's Industrial segment is involved in refining activities and petrochemicals business; the trading, transport, and sale of crude oil, natural gas, and fuels; and development of hydrogen, biomethane, sustainable biofuels, and synthetic fuels.