Home » USA Broker Ratings » Petroleo Brasileiro S.A.- Petro – Consensus Indicates Potential 97.7% Upside

Petroleo Brasileiro S.A.- Petro – Consensus Indicates Potential 97.7% Upside

Petroleo Brasileiro S.A.- Petro found using ticker (PBR) have now 12 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 19 and 9.3 and has a mean target at 13.86. With the stocks previous close at 7.01 this is indicating there is a potential upside of 97.7%. The 50 day MA is 7.76 and the 200 day moving average is 7.81. The market cap for the company is $45,124m. Company Website: http://petrobras.com.br/pt

Petróleo Brasileiro S.A. – Petrobras produce and sells oil and gas in Brazil and internationally. It engages in prospecting, drilling, refining, processing, trading, and transporting crude oil from producing onshore and offshore oil fields, and shale or other rocks, as well as oil products, natural gas, and other liquid hydrocarbons. The company operates through Exploration and Production; Refining, Transportation and Marketing; Gas and Power; and Corporate and Other Businesses segments. The Exploration and Production segment explores for, develops, and produces crude oil, natural gas liquids, and natural gas primarily for supplies to the its domestic refineries. The Refining, Transportation and Marketing segment is involved in the refining, logistics, transport, and trading of crude oil and oil products; exportation of ethanol; and extraction and processing of shale, as well as holding interests in petrochemical companies. The Gas and Power segment engages in the logistic and trading of natural gas and liquid natural gas; generation of electricity through thermoelectric power plants; holding interests in transportation and distribution of natural gas; and fertilizer business operations. The Corporate and Other Businesses segment produces biodiesel and its co-products, and ethanol; and distributes oil products. Petróleo Brasileiro S.A. – Petrobras was founded in 1953 and is headquartered in Rio de Janeiro, Brazil.

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