Repsol (OTCMKTS:REPYY) Sets New 12-Month High – Time to Buy?

Repsol SA (OTCMKTS:REPYY)’s share price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $18.8810 and last traded at $18.8810, with a volume of 1552 shares. The stock had previously closed at $18.18.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the stock. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Repsol in a report on Friday, October 31st. Berenberg Bank upgraded shares of Repsol from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 30th. Wall Street Zen upgraded shares of Repsol from a “hold” rating to a “buy” rating in a report on Friday, August 1st. Citigroup restated a “buy” rating on shares of Repsol in a report on Thursday, July 10th. Finally, DZ Bank cut shares of Repsol from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 30th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Repsol has a consensus rating of “Hold”.

Repsol Trading Up 2.6%

The stock has a market capitalization of $21.79 billion, a PE ratio of 29.42 and a beta of 0.62. The company’s 50-day moving average is $17.40 and its 200 day moving average is $15.36.

Repsol (OTCMKTS:REPYY) last announced its quarterly earnings data on Thursday, October 30th. The energy company reported $0.82 EPS for the quarter, beating the consensus estimate of $0.74 by $0.08. The firm had revenue of $15.02 billion during the quarter, compared to analyst estimates of $15.28 billion. Repsol had a net margin of 1.33% and a return on equity of 9.06%. Sell-side analysts forecast that Repsol SA will post 2.36 EPS for the current fiscal year.

About Repsol

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.