Investors sold shares of Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR) on strength during trading hours on Tuesday. $8.73 million flowed into the stock on the tick-up and $16.05 million flowed out of the stock on the tick-down, for a money net flow of $7.32 million out of the stock. Of all equities tracked, Petroleo Brasileiro S.A.- Petrobras had the 39th highest net out-flow for the day. Petroleo Brasileiro S.A.- Petrobras traded up $0.20 for the day and closed at $9.49

Several research analysts have recently weighed in on the stock. ValuEngine raised shares of Petroleo Brasileiro S.A.- Petrobras from a “hold” rating to a “buy” rating in a report on Friday. Deutsche Bank AG upgraded shares of Petroleo Brasileiro S.A.- Petrobras from a “sell” rating to a “hold” rating in a research report on Friday. BidaskClub upgraded shares of Petroleo Brasileiro S.A.- Petrobras from a “sell” rating to a “hold” rating in a research report on Thursday, August 24th. Raymond James Financial, Inc. reiterated a “market perform” rating on shares of Petroleo Brasileiro S.A.- Petrobras in a research report on Tuesday, August 15th. Finally, Credit Suisse Group set a $12.00 target price on shares of Petroleo Brasileiro S.A.- Petrobras and gave the stock a “buy” rating in a research report on Friday, August 11th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and eight have given a buy rating to the company. Petroleo Brasileiro S.A.- Petrobras currently has a consensus rating of “Hold” and an average price target of $10.51.

The stock’s 50 day moving average is $8.82 and its 200-day moving average is $9.00. The firm’s market capitalization is $62.22 billion. Petroleo Brasileiro S.A.- Petrobras also was the recipient of unusually large options trading activity on Monday. Traders acquired 6,769 put options on the company. This represents an increase of 103% compared to the typical daily volume of 3,340 put options.

Several institutional investors have recently bought and sold shares of the company. IHT Wealth Management LLC bought a new stake in shares of Petroleo Brasileiro S.A.- Petrobras in the 2nd quarter worth about $103,000. Gould Asset Management LLC CA increased its holdings in shares of Petroleo Brasileiro S.A.- Petrobras by 1.3% in the 1st quarter. Gould Asset Management LLC CA now owns 17,668 shares of the oil and gas exploration company’s stock worth $171,000 after buying an additional 235 shares during the last quarter. SOL Capital Management CO increased its holdings in shares of Petroleo Brasileiro S.A.- Petrobras by 1.0% in the 2nd quarter. SOL Capital Management CO now owns 24,150 shares of the oil and gas exploration company’s stock worth $193,000 after buying an additional 250 shares during the last quarter. Private Advisor Group LLC increased its holdings in shares of Petroleo Brasileiro S.A.- Petrobras by 1.0% in the 1st quarter. Private Advisor Group LLC now owns 33,507 shares of the oil and gas exploration company’s stock worth $328,000 after buying an additional 328 shares during the last quarter. Finally, AGF Investments Inc. increased its holdings in shares of Petroleo Brasileiro S.A.- Petrobras by 1.4% in the 2nd quarter. AGF Investments Inc. now owns 87,020 shares of the oil and gas exploration company’s stock worth $695,000 after buying an additional 1,231 shares during the last quarter. Hedge funds and other institutional investors own 5.71% of the company’s stock.

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About Petroleo Brasileiro S.A.- Petrobras

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