Petroleo Brasileiro SA Petrobras (NYSE: PBR) has recently experienced extremely meaningful negative changes in fundamentals: significant quarterly sales deceleration occurred, significant quarterly earnings deceleration occurred, the consensus estimate for December, 2025 decreased significantly, and the consensus estimate for December, 2024 decreased significantly.
In light of these highly negative signals we are reviewing our current Overall Rating of C. 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 C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Petroleo Brasileiro S.A.- Petrob has a very high Appreciation Score of 91 but a poor Power Rating of 17, resulting in the Neutral Value Trend Rating.
Recent Price Action
Petroleo Brasileiro SA Petrobras (NYSE: PBR) stock declined by -2.8% on 10/15/24. The shares closed at $14.42. Trading volume in this decline was normal. The stock has been weak relative to the market over the last nine months and has declined -5.9% during the last week.
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