In a report released yesterday, Regis Cardoso from Credit Suisse maintained a Hold rating on Petroleo Brasileiro SA- Petrobras (PBR), with a price target of $15. The company’s shares closed yesterday at $16.30, close to its 52-week high of $17.04.
According to TipRanks.com, Cardoso is ranked #3115 out of 5140 analysts.
Currently, the analyst consensus on Petroleo Brasileiro SA- Petrobras is a Moderate Sell with an average price target of $16.
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Petroleo Brasileiro SA- Petrobras’ market cap is currently $59.54B and has a P/E ratio of 21.48. The company has a Price to Book ratio of 1.46.
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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; Distribution; Gas & Power; Biofuel; and Corporate.
