Repsol (OTCMKTS:REPYY) Shares Gap Down – Should You Sell?

Repsol SA (OTCMKTS:REPYY)’s stock price gapped down prior to trading on Tuesday. The stock had previously closed at $35.39, but opened at $34.17. Repsol shares last traded at $34.35, with a volume of 25,711 shares trading hands.

Analyst Ratings Changes

Several research analysts have recently issued reports on REPYY shares. Zacks Research raised Repsol from a “hold” rating to a “strong-buy” rating in a research note on Friday, September 18th. UBS Group set a $90.00 price target on shares of Repsol in a research report on Friday. HSBC reiterated a “buy” rating and set a $85.00 price target on shares of Repsol in a report on Friday. Citigroup restated a “buy” rating on shares of Repsol in a research note on Wednesday, August 26th. Finally, The Goldman Sachs Group reiterated a “buy” rating on shares of Repsol in a research note on Friday, July 24th. Two research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $87.50.

Repsol Stock Down 4.4%

The firm has a market capitalization of $37.40 billion, a P/E ratio of 13.32, a PEG ratio of 0.27 and a beta of 0.02. The business’s 50-day simple moving average is $31.77 and its 200 day simple moving average is $28.19.

About Repsol

Repsol, SA is a Spain-based integrated energy company engaged in oil and natural gas exploration and production, refining, transportation, marketing and power generation. The company serves consumers, businesses and industrial customers through operations spanning the energy value chain.

Its products and services include fuels for road, aviation and marine transportation; liquefied petroleum gas; lubricants; petrochemicals; and electricity and natural gas. Repsol also develops renewable energy projects, including solar and wind power, as well as lower-carbon fuels and other solutions intended to support the energy transition.

Founded in 1987, Repsol has expanded from its Spanish base into international markets across Europe, North America, Latin America and other regions.