Repsol (REPYY) Rating Increased to Buy at Zacks Investment Research
Zacks Investment Research upgraded shares of Repsol (OTCMKTS:REPYY) from a hold rating to a buy rating in a report published on Tuesday. The brokerage currently has $22.00 price objective on the energy company’s stock.
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. “
Separately, ValuEngine lowered Repsol from a buy rating to a hold rating in a research report on Thursday, May 24th. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock currently has an average rating of Buy and a consensus price target of $20.50.
Repsol Company Profile
Repsol, SA operates as an integrated energy company worldwide. Its Upstream segment engages in the exploration and development of crude oil and natural gas reserves. The company's Downstream segment in involved in refining and petro chemistry; trading and transportation of crude oil and oil products; commercialization of oil products, petrochemical, and LPG; and the commercialization, transport, and regasification of natural gas and liquefied natural gas (LNG).
Further Reading: Earnings Per Share (EPS)
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