In yesterday’s Wall Street session, Petroleo Brasileiro S.A. Petrobras ADR (NYSE:PBR) shares traded at $15.52, up 1.90% from the previous session.
13 analysts cover Petroleo Brasileiro S.A. Petrobras ADR (NYSE:PBR), according to research data. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $21.20 and a low of $7.73, we find $17.44. Given the previous closing price of $15.23, this indicates a potential upside of 14.51 percent. PBR stock price is now 2.56% away from the 50-day moving average and 21.32% away from the 200-day moving average. The market capitalization of the company currently stands at $57.75B.
The stock has received a hold rating from 3 analysts and a buy rating from 8. Brokers who have rated the stock have averaged $16.76 as their price target over the next twelve months.
A total of 0.00% of the company’s stock is owned by insiders.
On Monday morning Petroleo Brasileiro S.A. Petrobras ADR (NYSE: PBR) stock kicked off with the opening price of $15.27. During the past 12 months, Petroleo Brasileiro S.A. Petrobras ADR has had a low of $8.61 and a high of $16.55. As of last week, the company has a debt-to-equity ratio of 0.75, a current ratio of 0.90, and a quick ratio of 0.64. The fifty day moving average price for PBR is $15.13 and a two-hundred day moving average price translates $12.99 for the stock.
The latest earnings results from Petroleo Brasileiro S.A. Petrobras ADR (NYSE: PBR) was released for Sep, 2023. According to the Oil & Gas Integrated Company, earnings per share came in at $0.86, missing analysts’ expectations of $0.94 by -0.08. This compares to $1.69 EPS in the same period last year. The net profit margin was 26.87% and return on equity was 38.88% for PBR. The company reported revenue of $22.98 billion for the quarter, compared to $34.7 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -33.78 percent. For the current quarter, analysts expect PBR to generate $27.22B in revenue.