Repsol (REPYY) Cut to Sell at Zacks Investment Research
Repsol (OTCMKTS:REPYY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued on Tuesday.
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, Barclays downgraded Repsol from an “overweight” rating to an “equal weight” rating in a research note on Thursday, February 7th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $18.33.
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).
Featured Story: What is a Call Option?
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Repsol Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Repsol and related companies with MarketBeat.com's FREE daily email newsletter.