Galp Energia SGPS SA (OTC:GLPEY) – Equities researchers at Jefferies Group boosted their FY2017 EPS estimates for shares of Galp Energia SGPS SA in a research note issued to investors on Wednesday. Jefferies Group analyst M. Kofler now forecasts that the firm will post earnings of $0.29 per share for the year, up from their prior forecast of $0.28. Jefferies Group also issued estimates for Galp Energia SGPS SA’s FY2018 earnings at $0.35 EPS.
Separately, Barclays PLC cut shares of Galp Energia SGPS SA from an “overweight” rating to an “equal weight” rating in a research note on Thursday, September 1st.
Galp Energia SGPS SA (OTC:GLPEY) traded down 2.50% during trading on Friday, hitting $6.62. The stock had a trading volume of 2,214 shares. The stock’s 50-day moving average is $7.19 and its 200-day moving average is $6.74. Galp Energia SGPS SA has a 52-week low of $4.71 and a 52-week high of $7.64. The stock has a market capitalization of $10.98 billion, a PE ratio of 163.46 and a beta of 0.67.