StockNews.com initiated coverage on shares of Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR – Get Rating) in a research report report published on Thursday morning. The brokerage issued a buy rating on the oil and gas exploration company’s stock.
A number of other research analysts have also weighed in on the stock. UBS Group lowered shares of Petróleo Brasileiro S.A. – Petrobras from a buy rating to a sell rating in a research report on Monday, November 21st. Bradesco Corretora downgraded shares of Petróleo Brasileiro S.A. – Petrobras from an outperform rating to a neutral rating in a report on Tuesday, December 13th. Finally, The Goldman Sachs Group dropped their price objective on shares of Petróleo Brasileiro S.A. – Petrobras from $13.60 to $11.00 and set a neutral rating on the stock in a report on Wednesday, December 21st. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, Petróleo Brasileiro S.A. – Petrobras has an average rating of Hold and a consensus price target of $14.00.
Petróleo Brasileiro S.A. – Petrobras Stock Down 0.3 %
Petróleo Brasileiro S.A. – Petrobras stock opened at $9.99 on Thursday. The firm has a market cap of $65.16 billion, a price-to-earnings ratio of 1.78, a P/E/G ratio of 1.41 and a beta of 1.38. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.00 and a quick ratio of 0.72. Petróleo Brasileiro S.A. – Petrobras has a fifty-two week low of $8.88 and a fifty-two week high of $16.32. The firm has a fifty day moving average price of $11.13 and a two-hundred day moving average price of $11.86.
Institutional Trading of Petróleo Brasileiro S.A. – Petrobras
About Petróleo Brasileiro S.A. – Petrobras
Petróleo Brasileiro SA engages in oil and gas exploration, production, and distribution activities. It operates through the following segments: Exploration and Production; Refining, Transportation, and Marketing; Gas and Power; and Corporate and Other Business. The Exploration and Production segment involves crude oil, natural gas liquids, and natural gas exploration, development, and production.
- Get a free copy of the StockNews.com research report on Petróleo Brasileiro S.A. – Petrobras (PBR)
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