Zacks Research Upgrades Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR) to “Strong-Buy”

Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR) was upgraded by equities researchers at Zacks Research from a “hold” rating to a “strong-buy” rating in a research note issued on Tuesday,Zacks.com reports.

A number of other analysts also recently weighed in on the company. The Goldman Sachs Group upped their target price on Petroleo Brasileiro S.A.- Petrobras from $13.10 to $15.00 and gave the company a “buy” rating in a research report on Wednesday, February 11th. UBS Group raised their price target on Petroleo Brasileiro S.A.- Petrobras from $14.40 to $14.60 and gave the stock a “buy” rating in a research report on Wednesday, January 14th. Jefferies Financial Group downgraded Petroleo Brasileiro S.A.- Petrobras from a “buy” rating to a “hold” rating and dropped their price target for the company from $20.30 to $19.00 in a research note on Friday, March 13th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Petroleo Brasileiro S.A.- Petrobras in a research report on Monday, December 29th. Finally, Wall Street Zen upgraded shares of Petroleo Brasileiro S.A.- Petrobras from a “hold” rating to a “buy” rating in a research note on Sunday, March 22nd. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $16.20.

Petroleo Brasileiro S.A.- Petrobras Stock Down 3.1%

Shares of PBR opened at $20.10 on Tuesday. The company has a current ratio of 0.71, a quick ratio of 0.48 and a debt-to-equity ratio of 0.76. Petroleo Brasileiro S.A.- Petrobras has a 12 month low of $11.03 and a 12 month high of $21.40. The firm’s 50 day moving average is $17.04 and its 200-day moving average is $13.96. The stock has a market capitalization of $129.53 billion, a PE ratio of 6.61, a P/E/G ratio of 0.18 and a beta of 0.37.

Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR) last issued its quarterly earnings results on Sunday, February 15th. The oil and gas exploration company reported $0.45 earnings per share (EPS) for the quarter. The business had revenue of $23.61 billion during the quarter. Petroleo Brasileiro S.A.- Petrobras had a return on equity of 24.26% and a net margin of 22.01%. Equities research analysts forecast that Petroleo Brasileiro S.A.- Petrobras will post 2.14 EPS for the current year.

Institutional Trading of Petroleo Brasileiro S.A.- Petrobras

Institutional investors and hedge funds have recently modified their holdings of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Petroleo Brasileiro S.A.- Petrobras by 55.2% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 32,852 shares of the oil and gas exploration company’s stock valued at $471,000 after buying an additional 11,680 shares in the last quarter. Focus Partners Wealth raised its stake in Petroleo Brasileiro S.A.- Petrobras by 7.0% during the first quarter. Focus Partners Wealth now owns 20,631 shares of the oil and gas exploration company’s stock worth $296,000 after acquiring an additional 1,356 shares in the last quarter. J.W. Cole Advisors Inc. bought a new position in shares of Petroleo Brasileiro S.A.- Petrobras in the second quarter worth about $144,000. Edgestream Partners L.P. lifted its holdings in shares of Petroleo Brasileiro S.A.- Petrobras by 41.0% in the second quarter. Edgestream Partners L.P. now owns 29,602 shares of the oil and gas exploration company’s stock worth $370,000 after acquiring an additional 8,615 shares during the last quarter. Finally, M&T Bank Corp boosted its stake in shares of Petroleo Brasileiro S.A.- Petrobras by 138.3% in the 2nd quarter. M&T Bank Corp now owns 30,012 shares of the oil and gas exploration company’s stock valued at $375,000 after purchasing an additional 17,420 shares in the last quarter.

Trending Headlines about Petroleo Brasileiro S.A.- Petrobras

Here are the key news stories impacting Petroleo Brasileiro S.A.- Petrobras this week:

• Positive Sentiment: Large jet-fuel price increase — Petrobras raised jet fuel prices by roughly 55%, aligning domestic prices with higher global oil levels. That lift to product margins and near‑term revenue likely supports earnings. Brazil’s Petrobras raises jet fuel prices by around 55%
• Positive Sentiment: Zacks upgrade to Strong Buy — an analyst upgrade to a Zacks Rank #1 signals improving earnings expectations and may support further inflows from momentum/value investors. Petrobras (PBR) Upgraded to Strong Buy: Here’s Why
• Positive Sentiment: New offshore oil discovery — company reports a high‑quality oil find offshore Brazil, which supports reserve replacement and production growth prospects. Petrobras (PBR) discovers high quality oil offshore Brazil
• Neutral Sentiment: Renewables push — Petrobras partnered with Fugro for geotechnical work on Brazil’s first licensed offshore wind pilot (18 MW). Positive for long-term diversification but limited near-term earnings impact. Petrobras Teams With Fugro for Geotechnical Work on Wind Project
• Neutral Sentiment: Short‑term momentum and quant recognition — coverage notes the stock is up ~10.5% over the past week and is highly rated by quant models; this draws attention but can increase volatility. Petrobras (PBR) Is Up 10.48% in One Week: What You Should Know
• Negative Sentiment: Today’s price reaction — despite the positive operational and analyst developments, the stock slid while broader markets rose, suggesting profit‑taking after the recent run and sensitivity to oil‑price/geopolitical moves. Petrobras (PBR) Stock Slides as Market Rises: Facts to Know Before You Trade

About Petroleo Brasileiro S.A.- Petrobras

Petróleo Brasileiro SA – Petrobras is a Brazilian, state-controlled integrated oil and gas company headquartered in Rio de Janeiro. Founded in 1953, Petrobras is principally engaged in the exploration and production of crude oil and natural gas, and operates across the full value chain from upstream activities through refining, transportation and downstream marketing of petroleum products. The company is a major player in Brazil’s energy sector and is a listed public company with global capital market presence.

Petrobras’s core activities include deepwater and ultra-deepwater exploration and production, where it has been a pioneer in developing pre-salt reserves off Brazil’s coast.