Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR) shares traded -0.9% down during most recent session to reach at the closing price of $15.48. The stock exchanged hands 15.29 Million shares versus average trading capacity of 25.13 Million shares, yielding a market cap of $90.04 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $16.58 within the next 52-weeks. The mean target projections are based on 14 opinions.

Taking a broader look brokerage firms’ analysts on the street with an expectant view have Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR) high price target of $20.5 and with a conservative view have low price target of $12.

Barclays “Downgrades” Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR) in a research note issued to investors on 1/10/19 to Underweight with price target of $17.

Additionally on 10/08/18 JP Morgan “Maintained” Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR) to Overweight setting price target at $17 and on 10/08/18 JP Morgan “Upgrades” the stock to Overweight at $17. Furthermore on 10/08/18 Bank of America “Upgrades” the stock to Buy at $0.

On the other hand the company has Relative Strength Index (RSI 14) of 67.57 along with Average True Range (ATR 14) of 0.56, Consequently Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR)’s weekly and monthly volatility is 3.34%, 3.74% respectively. The company’s beta value is at 1.42.

In terms of Buy, Sell or Hold recommendations, Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR) has analysts’ mean recommendation of 2.4. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.

According to analysts Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR)’s minimum EPS for the current quarter is at $0.17 and can go high up to $0.85. The consensus mean EPS for the current quarter is at $0.5 derived from a total of 7 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.43 earnings per share for the same quarter during last year.

Previously Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR) reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.4 by $-0.14. The company posted an earnings surprise of -35%.

Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR)’s revenue estimates for the current quarter are $24.12 Billion according to 5 number of analysts, for the current quarter the company has high revenue estimates of $25.84 Billion in contradiction of low revenue estimates of $21.36 Billion. For the current year the company’s revenue estimates are $94.86 Billion compared to low analyst estimates of $88.79 Billion and high estimates of $101.31 Billion according to 10 number of analysts.

Currently Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR)’s shares owned by insiders are 39.8%, whereas shares owned by institutional owners are 12.7%. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded 0.48%.

Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR)’s trailing twelve month revenues are $88.82 Billion, whereas its price to sales ratio for the same period is 1.01. Its book value per share for the most recent quarter is $11.85 while its price to book ratio for the same period is 1.31, as for as the company’s cash per share for the most recent quarter is $2.79, however its price to cash per share ratio for the same period is 5.55. The stock has 5 year expected PEG ratio of 0.87 whereas its trailing twelve month P/E ratio is 20.83.