Repsol SA (NASDAQ:REPYY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research report issued on Saturday. The brokerage presently has a $15.00 target price on the stock. Zacks Investment Research’s price objective suggests a potential upside of 11.28% from the stock’s previous close.
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, Sanford C. Bernstein downgraded shares of Repsol SA from a “market perform” rating to an “underperform” rating in a research note on Thursday, September 8th.
Repsol SA (NASDAQ:REPYY) opened at 13.48 on Friday. The firm has a 50-day moving average of $13.46 and a 200 day moving average of $12.68. Repsol SA has a one year low of $8.63 and a one year high of $14.48. The company’s market capitalization is $19.44 billion.
About Repsol SA
Repsol, SA is an integrated energy company. The Company’s segments include Upstream and Downstream. Its activities are divided into two business areas: Upstream, relating to the exploration, development and production of crude oil and natural gas reserves, and Downstream, corresponding to refining, trading and crude oil and product transportation, as well as commercialization of oil products, petrochemicals products and liquefied petroleum gas (LPG); commercialization, transportation and regasification of natural gas and liquefied natural gas (LNG), and renewable energy power projects.
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