GALP ENERGIA SG/ADR (OTCMKTS:GLPEY) was upgraded by analysts at Goldman Sachs Group from a “sell” rating to a “neutral” rating in a research note issued to investors on Monday, The Fly reports.

GLPEY has been the topic of a number of other reports. Zacks Investment Research lowered shares of GALP ENERGIA SG/ADR from a “buy” rating to a “hold” rating in a research note on Monday, October 15th. Deutsche Bank upgraded shares of GALP ENERGIA SG/ADR from a “sell” rating to a “buy” rating in a research note on Monday, December 10th. Finally, ValuEngine lowered shares of GALP ENERGIA SG/ADR from a “hold” rating to a “sell” rating in a research note on Wednesday, November 7th. Two research analysts have rated the stock with a sell rating and five have issued a hold rating to the stock. GALP ENERGIA SG/ADR has a consensus rating of “Hold” and a consensus price target of $11.00.

OTCMKTS:GLPEY traded up $0.11 during midday trading on Monday, reaching $7.67. The stock had a trading volume of 14,475 shares, compared to its average volume of 52,733. GALP ENERGIA SG/ADR has a 1-year low of $7.50 and a 1-year high of $10.43. The company has a current ratio of 1.72, a quick ratio of 1.26 and a debt-to-equity ratio of 0.46.

GALP ENERGIA SG/ADR Company Profile

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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