Zacks Investment Research Upgrades Repsol SA (REPYY) to Buy

Zacks Investment Research upgraded shares of Repsol SA (NASDAQ:REPYY) from a hold rating to a buy rating in a research report sent to investors on Thursday, May 11th. The firm currently has $18.00 price target 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, Goldman Sachs Group, Inc. (The) reiterated a neutral rating on shares of Repsol SA in a research report on Tuesday, February 21st.

Shares of Repsol SA (NASDAQ:REPYY) opened at 15.65 on Thursday. Repsol SA has a 12-month low of $11.09 and a 12-month high of $17.02. The stock has a market capitalization of $23.28 billion and a price-to-earnings ratio of 10.61. The stock’s 50 day moving average is $16.36 and its 200-day moving average is $15.25.

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About Repsol SA

Repsol, SA (Repsol) is an integrated energy company. The Company’s segments include Upstream, Downstream, and Corporation and others. The Upstream segment carries out oil and natural gas exploration and production activities, and manages its project portfolio. The Downstream segment includes covers the supply and trading of crude oil and other products; oil refining and marketing of oil products, and the production and marketing of chemicals.

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