Repsol (OTCMKTS:REPYY) Sets New 52-Week High – Should You Buy?

Repsol SA (OTCMKTS:REPYY)’s stock price hit a new 52-week high on Thursday . The stock traded as high as $32.1750 and last traded at $31.88, with a volume of 68709 shares changing hands. The stock had previously closed at $31.83.

Analysts Set New Price Targets

Several equities analysts recently commented on the company. The Goldman Sachs Group restated a “buy” rating on shares of Repsol in a research report on Friday, July 24th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Repsol in a research note on Friday, July 24th. HSBC raised Repsol from a “hold” rating to a “buy” rating in a report on Monday, May 18th. Zacks Research raised shares of Repsol from a “strong sell” rating to a “hold” rating in a report on Friday, July 31st. Finally, Barclays reissued an “overweight” rating on shares of Repsol in a report on Friday, July 24th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

Repsol Stock Performance

The stock has a market cap of $36.12 billion, a price-to-earnings ratio of 12.87, a PEG ratio of 0.30 and a beta of 0.02. The firm’s 50-day simple moving average is $27.98 and its two-hundred day simple moving average is $26.02.

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.