Repsol (REPYY) Projected to Announce Earnings on Thursday

Repsol (OTCMKTS:REPYY) is expected to release its results before the market opens on Thursday, October 29th. Analysts expect the company to announce earnings of $2.67 per share and revenue of $21.13 billion for the quarter.

Repsol Stock Down 3.5%

Shares of OTCMKTS:REPYY opened at $31.81 on Wednesday. Repsol has a 52-week low of $17.75 and a 52-week high of $35.98. The company has a 50 day moving average of $33.06 and a two-hundred day moving average of $27.12.

Analyst Ratings Changes

Several brokerages have recently weighed in on REPYY. Citigroup restated a “buy” rating on shares of Repsol in a research note on Wednesday, August 26th. Santander downgraded shares of Repsol from an “outperform” rating to a “neutral” rating in a research note on Tuesday, September 22nd. Barclays reiterated an “overweight” rating on shares of Repsol in a report on Monday, October 5th. HSBC reissued a “buy” rating and issued a $85.00 price objective on shares of Repsol in a research report on Friday, September 25th. Finally, Royal Bank Of Canada reissued an “outperform” rating on shares of Repsol in a research report on Thursday, September 3rd. Two research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, Repsol has a consensus rating of “Buy” and a consensus price target of $87.50.

About Repsol

Repsol, SA is a Spain-based, integrated energy company engaged in the exploration, production, refining, distribution and marketing of energy products. Its operations include oil and natural gas exploration and production, refining, fuel distribution, service stations, lubricants, liquefied petroleum gas and petrochemicals.

The company also develops lower-carbon businesses, including renewable power generation, renewable fuels, hydrogen and energy solutions for residential and industrial customers.