Petroleo Brasileiro SA- Petrobras (NYSE:PBR) Valuation According To Analysts

Reuters
Reuters
Author

06 September, 2017

The Capital International Investors holds 12.93 million shares with $130.75 million value, up from 10.09M last quarter.

The stock of Petroleo Brasileiro SA Petrobras (ADR) (NYSE:PBR) is a huge mover today! The stock rose 3.07% or $0.28 reaching $9.57 per share. Barclays Capital downgraded Petroleo Brasileiro SA Petrobras (ADR) (NYSE:PBR) rating on Monday, October 12. If we move further to the full year performance, we identified that PBR-A is promoting good health as stock gained with positive stir of 12.19%. The stock recovered 28.3% since its low point and has performed 1.36% year-to-date.

Petroleo Brasileiro S.A. - Petrobras (PBR-A)'s RSI (Relative Strength Index) is 63.64. It has outperformed by 16.95% the S&P500.

Investors sentiment increased to 0.89 in Q4 2016. Its up 0.12, from 0.94 in 2016Q3. Berkshire Asset Mgmt Lc Pa holds 45,100 shares or 0.21% of its portfolio. The United Kingdom-based Ahl Ltd Liability Partnership has invested 0.04% in Abercrombie & Fitch Co. Creative Planning reported 2,727 shares stake. Pnc Fin Ser Grp Incorporated, a Pennsylvania-based fund reported 44,767 shares. Point72 Asia (Hong Kong) Ltd holds 0.18% or 5,117 shares in its portfolio. Schroder Inv Mngmt Gru owns 584,163 shares for 0.08% of their portfolio. (NYSE:ANF). Kcg Hldg invested in 0.03% or 115,009 shares. Martingale Asset Mgmt Lp holds 13,911 shares. Strs Ohio accumulated 0.01% or 53,879 shares. Palisade Asset Limited Liability holds 7,617 shares.

Since May 30, 2017, it had 1 insider buy, and 1 sale for $149,662 activity. 5,000 shares were sold by Sieger Michael D, worth $223,695. They now have a Dollars 8 price target on the stock. Wall Street is only getting more bullish on the stock, with 2 of analysts who cover BIOL having a buy-equivalent rating.

This stock (BIOL) is ahead of its 52-week low with 26.56%. The stock of Petroleo Brasileiro SA Petrobras (ADR) (NYSE:PBR) has "Underweight" rating given on Wednesday, July 13 by Barclays Capital. The stock of Torchmark Corporation (NYSE:TMK) has "Sell" rating given on Tuesday, August 25 by Zacks.

Analyst mean recommendation rating on a stock by the analyst community is at 2.70. The firm has "Sell" rating by Goldman Sachs given on Wednesday, February 24. Credit Suisse maintained the shares of PBR in report on Thursday, March 23 with " rating. Janus Capital Management LLC now controls 5,828,059 shares with a value of $56,474,000. Viacom Inc Cl B (NASDAQ:VIAB) was reduced too.

Petroleo Brasileiro S.A. - Petrobras (PBR) belonging to the Energy sector has surged 3.45% and closed its last trading session at $9.29. Therefore 21% are positive. The firm earned "Neutral" rating on Thursday, September 15 by Macquarie Research. Morgan Stanley upgraded Progressive Corp (NYSE:PGR) on Thursday, January 5 to "Equal-Weight" rating.

Petroleo Brasileiro S.A. - Petrobras (PBR-A) held 6.52 billion outstanding shares now. The firm has "Underperform" rating by Credit Agricole given on Tuesday, December 15. The rating was downgraded by Raymond James on Thursday, May 19 to "Underperform". Jefferies downgraded the shares of SAP in report on Monday, June 13 to "Underperform" rating. The firm earned "Neutral" rating on Friday, September 11 by Bank of America.


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