The stock of Petroleo Brasileiro SA Petrobras (ADR) (NYSE:PBR) is a huge mover today! The stock is up 0.78% or $0.04 after the news, hitting $5.16 per share. About 7.90M shares traded hands. Petroleo Brasileiro SA Petrobras (ADR) (NYSE:PBR) has declined 20.47% since August 4, 2015 and is downtrending. It has underperformed by 15.49% the S&P500. The move comes after 8 months negative chart setup for the $30.83B company. It was reported on Mar, 10 by Barchart.com. We have $4.85 PT which if reached, will make NYSE:PBR worth $1.85 billion less.
Analysts await Petroleo Brasileiro SA Petrobras (ADR) (NYSE:PBR) to reports earnings on April, 27. They expect $-0.07 EPS, down 119.44% or $0.43 from last year’s $0.36 per share. After $-0.18 actual EPS reported by Petroleo Brasileiro SA Petrobras (ADR) for the previous quarter, Wall Street now forecasts -61.11% EPS growth.
Out of 16 analysts covering Petroleo Brasileiro Petrobras SA (NYSE:PBR), 1 rate it “Buy”, 3 “Sell”, while 2 “Hold”. This means 17% are positive. Petroleo Brasileiro Petrobras SA was the topic in 15 analyst reports since August 7, 2015 according to StockzIntelligence Inc. JP Morgan downgraded the stock on February 4 to “Underperform” rating.
According to Zacks Investment Research, “PETROBRAS-ADR C is an integrated company operating in exploration, production, refining, retailing and transportation of petroleum and its byproducts at home and abroad.”
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.