Significant negative changes in fundamentals have recently occurred for Petroleo Brasileiro SA Petrobras (NYSE: PBR): significant quarterly sales deceleration occurred, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2025 decreased significantly.
Petroleo Brasileiro SA Petrobras (NYSE: PBR) has recently experienced significant negative changes in investment behavior. Negative developments: the stock’s recent price decline challenged its longer term uptrend, and the stock fell on very heavy volume. Positive development: its shorter term price trend turned up.
In light of these highly negative signals we are reviewing our current Overall Rating of B. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, PBR is expected to continue to be a major Value Builder.
Petroleo Brasileiro S.A.- Petrob has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Petroleo Brasileiro S.A.- Petrob has a neutral Power Rating of 54 but a very high Appreciation Score of 87, leading to the Positive Value Trend Rating.
Recent Price Action
On 5/15/24, Petroleo Brasileiro SA Petrobras (NYSE: PBR) stock suffered a large decline of -6.8%, closing at $15.56. Moreover, exceptionally high trading volume at 296% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and has declined -8.5% during the last week.
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