Investors sold shares of PETROLEO BRASIL/ADR (NYSE:PBR) on strength during trading on Monday. $43.74 million flowed into the stock on the tick-up and $77.81 million flowed out of the stock on the tick-down, for a money net flow of $34.07 million out of the stock. Of all companies tracked, PETROLEO BRASIL/ADR had the 0th highest net out-flow for the day. PETROLEO BRASIL/ADR traded up $0.49 for the day and closed at $16.99

A number of analysts recently commented on the company. Barclays lowered PETROLEO BRASIL/ADR from an “overweight” rating to an “underweight” rating and set a $17.00 price target for the company. in a research note on Thursday, January 10th. ValuEngine lowered PETROLEO BRASIL/ADR from a “buy” rating to a “hold” rating in a research report on Monday, February 25th. Credit Suisse Group reaffirmed a “hold” rating and issued a $15.00 price target on shares of PETROLEO BRASIL/ADR in a research report on Thursday, January 31st. UBS Group raised PETROLEO BRASIL/ADR from a “neutral” rating to a “buy” rating in a research report on Tuesday, February 12th. Finally, HSBC raised PETROLEO BRASIL/ADR from a “hold” rating to a “buy” rating in a research report on Thursday, March 14th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and eight have given a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $17.98.

The company has a quick ratio of 1.12, a current ratio of 1.48 and a debt-to-equity ratio of 1.10. The stock has a market capitalization of $110.10 billion, a PE ratio of 11.82 and a beta of 1.61.

PETROLEO BRASIL/ADR (NYSE:PBR) last posted its quarterly earnings results on Wednesday, February 27th. The oil and gas exploration company reported $0.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.38 by ($0.06). The company had revenue of $24.35 billion during the quarter, compared to analysts’ expectations of $24.18 billion. PETROLEO BRASIL/ADR had a return on equity of 11.44% and a net margin of 7.50%. As a group, analysts predict that PETROLEO BRASIL/ADR will post 1.39 earnings per share for the current year.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in PBR. Larson Financial Group LLC bought a new stake in PETROLEO BRASIL/ADR in the 4th quarter worth about $76,000. Pictet Asset Management Ltd. bought a new stake in PETROLEO BRASIL/ADR in the 3rd quarter worth about $144,000. Stifel Financial Corp bought a new stake in PETROLEO BRASIL/ADR in the 4th quarter worth about $170,000. Henry James International Management Inc. bought a new stake in PETROLEO BRASIL/ADR in the 3rd quarter worth about $177,000. Finally, Strategic Wealth Advisors Group LLC bought a new stake in PETROLEO BRASIL/ADR in the 4th quarter worth about $202,000. Institutional investors own 7.06% of the company’s stock.

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About PETROLEO BRASIL/ADR (NYSE:PBR)

PetrĂ³leo Brasileiro SA – Petrobras operates in the oil, natural gas, and energy industries 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.

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