On a consensus basis, Wall Street sell-side analysts have a mean target price of $12.6 for Petroleo Brasileiro SA (ADR). This number is based on the mean estimate from the 5 research firms that recently issued reports on the company.The most recent price target update was made on 2015-02-04.
According to analysts, Petroleo Brasileiro Petrobras SA (ADR)(NYSE:PBR) is expected to report earnings per share for the next fiscal quarter of $0.28. This is the consensus mean estimate based on the individual covering sell-side analysts’ reported numbers.
The average broker recommendation is arithmetical average of the individual ratings contributed by sell-side analysts to produce a Consensus Analyst Rating for each stock. On a scale of 1 to 5 where 1 is a Strong Buy and 5 is a Strong Sell, has the stock is ranked 2.5 based on 5 sell-side broker recommendations. Of the 5 analyst estimates, the most bullish sees the stock reaching $17 within the next 12 months while the most bearish analyst sees the stock at $9 within the year. There are currently 0 analysts who have recently rated the stock as a buying opportunity.
Petroleo Brasileiro Petrobras SA (ADR)(NYSE:PBR) is a Brazil-based integrated oil and gas company. The Company divides its activities into seven segments: Exploration and Production; Refining, Transportation and Marketing; Gas and Power; Biofuel; Distribution and International. Directly or through its subsidiaries, Petrobras is engaged in the research, extraction, refining, processing, trade and transport of oil from wells, shale and other rocks, its derivatives, natural gas and other liquid hydrocarbons, as well as in activities related to energy, development, production, transport, distribution and commercialization of energy. The Company’s offering comprises road transportation products such as Automotive Gasoline, Diesel Fuel, Natural Vehicular Gas, Lubrax; agriculture and cattle raising products such as Sunflower Meal, among others; Industrial products such as Solvents and Paraffins, among others. The Company provides its services both for individual and business clients.