PETROLEO BRASIL/S (PBR.A) Receives Average Recommendation of “Hold” from Analysts
PETROLEO BRASIL/S (NYSE:PBR.A) has earned an average broker rating score of 3.00 (Hold) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One analyst has rated the stock with a hold rating.
Analysts have set a twelve-month consensus price objective of $10.00 for the company, according to Zacks. Zacks has also given PETROLEO BRASIL/S an industry rank of 14 out of 255 based on the ratings given to its competitors.
Shares of NYSE PBR.A traded up $0.22 during trading on Wednesday, hitting $10.03. The stock had a trading volume of 5,300,200 shares, compared to its average volume of 8,330,826. PETROLEO BRASIL/S has a 12 month low of $7.55 and a 12 month high of $14.98. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.70 and a quick ratio of 1.28. The firm has a market cap of $63.72 billion, a price-to-earnings ratio of 15.51 and a beta of 2.67.
The company also recently announced a quarterly dividend, which was paid on Tuesday, September 4th. Stockholders of record on Wednesday, August 15th were paid a $0.02 dividend. The ex-dividend date of this dividend was Tuesday, August 14th. This represents a $0.08 annualized dividend and a dividend yield of 0.80%.
PETROLEO BRASIL/S Company Profile
Petroleo Brasileiro SA-Petrobras specializes in the oil, natural gas and energy industry. The Company is engaged in prospecting, drilling, refining, processing, trading and transporting crude oil from producing onshore and offshore oil fields and from shale or other rocks. Its segments include Exploration and Production, which covers the activities of exploration, development and production of crude oil, natural gas liquid and natural gas; Refining, Transportation and Marketing, which covers the refining, logistics, transport and trading of crude oil and oil products activities, exporting of ethanol, and extraction and processing of shale; Gas and Power, which is engaged in transportation and trading of natural gas produced in Brazil and imported natural gas; Biofuels, which covers the activities of production of biodiesel and its co-products, and ethanol-related activities; Distribution, which includes the activities of its subsidiary Petrobras Distribuidora SA, and Corporate.
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