Equities Analysts Set Expectations for Galp Energia SGPS SA’s Q3 2016 Earnings (GLPEY)
Galp Energia SGPS SA (OTC:GLPEY) – Equities researchers at Jefferies Group issued their Q3 2016 EPS estimates for Galp Energia SGPS SA in a research report issued on Tuesday. Jefferies Group analyst M. Kofler expects that the firm will post earnings of $0.09 per share for the quarter. Jefferies Group also issued estimates for Galp Energia SGPS SA’s FY2016 earnings at $0.32 EPS.
Separately, Barclays PLC downgraded shares of Galp Energia SGPS SA from an “overweight” rating to an “equal weight” rating in a report on Thursday, September 1st.
Galp Energia SGPS SA (OTC:GLPEY) traded up 0.58% during mid-day trading on Thursday, hitting $6.90. The stock had a trading volume of 871 shares. The stock has a market cap of $11.44 billion, a PE ratio of 172.50 and a beta of 0.68. Galp Energia SGPS SA has a one year low of $4.89 and a one year high of $7.64. The firm’s 50-day moving average is $6.97 and its 200 day moving average is $6.81.
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