InvestorsObserver is giving Petroleo Brasileiro ADR Reptg 2 (PBR) an Analyst Rating Rank of 3, meaning PBR is ranked higher by analysts than 3% of stocks. The average price target for PBR is $12.375 and analyst’s rate the stock as a Hold.
Wall Street analysts are rating PBR a Hold today. Find out what this means to you and get the rest of the rankings on PBR!
Analysts know the inner workings of the companies they follow better than anyone but the companies’ management. You can learn a lot about a company from studying the financial statements, but analysts ask questions on conference calls and understand the intricacies of each of the businesses they cover. Analysts understand how bad weather in one part of the world can disrupt supply chains, or disrupt shopping patterns. This lets traders make decisions before a quarterly report that could be worse than expected.
InvestorsObserver aggregates the ratings of all the analysts covering a given stock, takes the average of those ratings and then percentile ranks the averages. That provides a level of granularity that is significantly better than just the three levels provided by traditional buy/hold/sell ratings.
What's Happening With Petroleo Brasileiro ADR Reptg 2 Stock Today?
Petroleo Brasileiro ADR Reptg 2 (PBR) stock has risen 1.04% while the S&P 500 is lower by -0.38% as of 10:28 AM on Friday, Mar 24. PBR has gained $0.10 from the previous closing price of $9.63 on volume of 3,314,349 shares. Over the past year the S&P 500 has fallen -12.98% while PBR is lower by -32.71%. PBR earned $5.51 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 1.77.
Click Here to get the full Stock Report for Petroleo Brasileiro ADR Reptg 2 stock.
Share this article:
Stay In The Know
Subscribe to our daily morning update newsletter and never miss out on the need-to-know market news, movements, and more.
Thank you for signing up! You're all set to receive the Morning Update newsletter
