Repsol (OTCMKTS:REPYY) Shares Gap Up – Time to Buy?

Repsol SA (OTCMKTS:REPYY) shares gapped up prior to trading on Tuesday . The stock had previously closed at $31.12, but opened at $32.13. Repsol shares last traded at $31.96, with a volume of 10,165 shares.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the company. Zacks Research upgraded Repsol from a “strong sell” rating to a “hold” rating in a report on Friday, July 31st. Citigroup reiterated a “buy” rating on shares of Repsol in a research report on Friday, July 24th. Santander raised Repsol to an “outperform” rating in a research note on Thursday, July 2nd. The Goldman Sachs Group reissued a “buy” rating on shares of Repsol in a research note on Friday, July 24th. Finally, Barclays restated an “overweight” rating on shares of Repsol in a report on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

Repsol Stock Performance

The stock has a market cap of $35.24 billion, a PE ratio of 12.55, a price-to-earnings-growth ratio of 0.29 and a beta of 0.02. The company’s 50-day moving average price is $27.75 and its 200 day moving average price is $25.88.

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.