GALP ENERGIA SG/ADR (OTCMKTS:GLPEY) Given Consensus Rating of “Hold” by Analysts

GALP ENERGIA SG/ADR (OTCMKTS:GLPEY) has earned a consensus recommendation of “Hold” from the seven ratings firms that are covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and one has assigned a buy recommendation to the company.

Several brokerages recently commented on GLPEY. Zacks Investment Research raised shares of GALP ENERGIA SG/ADR from a “sell” rating to a “hold” rating in a research report on Thursday, August 15th. ValuEngine raised shares of GALP ENERGIA SG/ADR from a “sell” rating to a “hold” rating in a research report on Thursday, August 1st. Barclays raised shares of GALP ENERGIA SG/ADR from an “equal weight” rating to an “overweight” rating in a research report on Wednesday, July 31st. Finally, Goldman Sachs Group lowered shares of GALP ENERGIA SG/ADR from a “buy” rating to a “neutral” rating in a research report on Thursday, August 1st.

GLPEY stock opened at $7.20 on Tuesday. The firm has a market cap of $11.71 billion, a price-to-earnings ratio of 13.58, a PEG ratio of 2.05 and a beta of 0.86. The firm has a 50-day simple moving average of $7.32 and a two-hundred day simple moving average of $7.76. GALP ENERGIA SG/ADR has a one year low of $6.84 and a one year high of $10.05. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.11 and a current ratio of 1.62.

GALP ENERGIA SG/ADR Company Profile

Galp Energia, SGPS, SA operates as oil and natural gas integrated operator worldwide. It explores, develops, and produces hydrocarbons in approximately 50 projects with proved, probable, and possible reserves of 755 million barrels of oil equivalent. The company also engages in the refining, retail, and wholesale marketing of oil products; operation of oil products storage and transportation infrastructure; and operation of 1,459 service stations in Portugal, Spain, and Africa.

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Analyst Recommendations for GALP ENERGIA SG/ADR (OTCMKTS:GLPEY)

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