FY2018 EPS Estimates for GALP ENERGIA SG/ADR Boosted by Analyst (GLPEY)
GALP ENERGIA SG/ADR (OTCMKTS:GLPEY) – Equities research analysts at Jefferies Financial Group lifted their FY2018 earnings per share estimates for shares of GALP ENERGIA SG/ADR in a note issued to investors on Wednesday, August 15th. Jefferies Financial Group analyst J. Gammel now expects that the energy company will post earnings of $0.60 per share for the year, up from their previous estimate of $0.58.
Several other analysts have also issued reports on GLPEY. Zacks Investment Research raised GALP ENERGIA SG/ADR from a “hold” rating to a “buy” rating and set a $11.00 target price for the company in a research note on Monday, August 13th. BNP Paribas lowered GALP ENERGIA SG/ADR from a “neutral” rating to an “underperform” rating in a research note on Friday, April 20th.
About GALP ENERGIA SG/ADR
Galp Energia, SGPS, SA operates as oil and natural gas integrated operator worldwide. Its Exploration & Production segment explores, develops, and produces hydrocarbons in approximately 51 projects with proved, probable, and possible reserves of 748 million barrels of oil equivalent. The company's Refining & Marketing of Oil Products segment 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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