Repsol (OTCMKTS:REPYY) Shares Pass Below 50 Day Moving Average of $13.98

Repsol, S.A. (OTCMKTS:REPYYGet Rating) shares passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $13.98 and traded as low as $11.81. Repsol shares last traded at $12.05, with a volume of 154,732 shares traded.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. JPMorgan Chase & Co. decreased their price objective on shares of Repsol from €17.50 ($18.04) to €16.50 ($17.01) in a research note on Friday, July 15th. UBS Group increased their price objective on shares of Repsol from €13.50 ($13.92) to €14.50 ($14.95) and gave the company a “buy” rating in a research note on Friday, April 29th. Exane BNP Paribas upgraded shares of Repsol from an “underperform” rating to a “neutral” rating and set a €15.50 ($15.98) price objective for the company in a research note on Friday, April 29th. Royal Bank of Canada increased their price objective on shares of Repsol from €13.00 ($13.40) to €16.00 ($16.49) in a research note on Friday, April 29th. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on shares of Repsol from €15.90 ($16.39) to €16.80 ($17.32) and gave the company a “buy” rating in a research note on Wednesday, July 6th. Three investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, Repsol currently has an average rating of “Moderate Buy” and a consensus price target of $15.90.

Repsol Stock Performance

The company’s 50 day moving average price is $13.98 and its 200-day moving average price is $13.82. The company has a market cap of $18.40 billion, a PE ratio of 4.23, a price-to-earnings-growth ratio of 0.36 and a beta of 0.72. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.94 and a current ratio of 1.34.

Repsol Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, July 14th. Investors of record on Wednesday, July 6th were issued a $0.277 dividend. The ex-dividend date was Tuesday, July 5th. This is an increase from Repsol’s previous dividend of $0.26. This represents a yield of 3.68%. Repsol’s dividend payout ratio (DPR) is 18.25%.

About Repsol

(Get Rating)

Repsol, SA operates as an integrated energy company worldwide. Its Exploration and Production segment engages in the exploration, development, and production of crude oil and natural gas reserves. The company's Industrial segment is involved in refining activities and petrochemicals business; the trading and transportation of crude oil and oil products; and the sale, transportation, and regasification of natural gas and liquefied natural gas (LNG).

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