Gazprom PAO (EDR) (OTCMKTS:OGZPY) Downgraded by VTB Capital to “Sell”
VTB Capital lowered shares of Gazprom PAO (EDR) (OTCMKTS:OGZPY) from a hold rating to a sell rating in a report published on Tuesday morning, The Fly reports.
Other equities research analysts have also recently issued reports about the stock. JPMorgan Chase & Co. cut shares of Gazprom PAO (EDR) from an overweight rating to a neutral rating and set a $8.00 price objective on the stock. in a research note on Friday, February 7th. Goldman Sachs Group cut shares of Gazprom PAO (EDR) from a buy rating to a neutral rating in a research note on Monday, January 13th. Two research analysts have rated the stock with a sell rating and four have issued a hold rating to the company’s stock. Gazprom PAO (EDR) currently has an average rating of Hold and an average price target of $7.50.
OTCMKTS:OGZPY opened at $7.25 on Tuesday. The company has a quick ratio of 1.29, a current ratio of 1.75 and a debt-to-equity ratio of 0.24. Gazprom PAO has a fifty-two week low of $4.47 and a fifty-two week high of $8.50. The firm’s fifty day simple moving average is $7.78 and its 200-day simple moving average is $7.49.
Public Joint Stock Company Gazprom, an energy company, engages in the geological exploration, production, processing, storage, transportation, and sale of gas, gas condensates, and oil in Russia and internationally. The company operates through Production of Gas, Transportation, Distribution of Gas, Gas Storage, Production of Crude Oil and Gas Condensate, Refining, and Electric and Heat Energy Generation and Sales segments.
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