Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR) Rating Increased to Strong-Buy at Zacks Research

Zacks Research upgraded shares of Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR) from a hold rating to a strong-buy rating in a research report sent to investors on Tuesday morning,Zacks.com reports.

Other equities research analysts have also issued reports about the company. Jefferies Financial Group lowered Petroleo Brasileiro S.A.- Petrobras from a “buy” rating to a “hold” rating and reduced their target price for the stock from $20.30 to $19.00 in a report on Friday, March 13th. UBS Group lifted their price target on shares of Petroleo Brasileiro S.A.- Petrobras from $14.40 to $14.60 and gave the company a “buy” rating in a research report on Wednesday, January 14th. The Goldman Sachs Group boosted their price objective on shares of Petroleo Brasileiro S.A.- Petrobras from $13.10 to $15.00 and gave the stock a “buy” rating in a research note on Wednesday, February 11th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Petroleo Brasileiro S.A.- Petrobras in a report on Monday, December 29th. Finally, Wall Street Zen upgraded shares of Petroleo Brasileiro S.A.- Petrobras from a “hold” rating to a “buy” rating in a research note on Sunday, March 22nd. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $16.20.

Petroleo Brasileiro S.A.- Petrobras Price Performance

NYSE PBR opened at $20.10 on Tuesday. Petroleo Brasileiro S.A.- Petrobras has a fifty-two week low of $11.03 and a fifty-two week high of $21.40. The stock’s 50-day moving average is $17.04 and its two-hundred day moving average is $13.96. The firm has a market cap of $129.53 billion, a P/E ratio of 6.61, a price-to-earnings-growth ratio of 0.18 and a beta of 0.37. The company has a debt-to-equity ratio of 0.76, a current ratio of 0.71 and a quick ratio of 0.48.

Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR) last released its quarterly earnings results on Sunday, February 15th. The oil and gas exploration company reported $0.45 earnings per share (EPS) for the quarter. The company had revenue of $23.61 billion during the quarter. Petroleo Brasileiro S.A.- Petrobras had a return on equity of 24.26% and a net margin of 22.01%. On average, analysts anticipate that Petroleo Brasileiro S.A.- Petrobras will post 2.14 earnings per share for the current fiscal year.

Petroleo Brasileiro S.A.- Petrobras Announces Dividend

The firm also recently announced a special dividend, which will be paid on Thursday, May 28th. Shareholders of record on Friday, April 24th will be issued a $0.1191 dividend. The ex-dividend date of this dividend is Friday, April 24th. Petroleo Brasileiro S.A.- Petrobras’s dividend payout ratio (DPR) is 10.53%.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. New York State Common Retirement Fund raised its stake in Petroleo Brasileiro S.A.- Petrobras by 20.9% during the 3rd quarter. New York State Common Retirement Fund now owns 2,702,467 shares of the oil and gas exploration company’s stock valued at $34,213,000 after purchasing an additional 467,737 shares during the last quarter. ARGA Investment Management LP grew its position in Petroleo Brasileiro S.A.- Petrobras by 70.4% in the 3rd quarter. ARGA Investment Management LP now owns 18,808,705 shares of the oil and gas exploration company’s stock worth $238,118,000 after purchasing an additional 7,772,595 shares during the last quarter. J. Safra Sarasin Holding AG acquired a new stake in Petroleo Brasileiro S.A.- Petrobras in the 3rd quarter worth $1,342,000. North of South Capital LLP increased its holdings in shares of Petroleo Brasileiro S.A.- Petrobras by 150.9% during the 3rd quarter. North of South Capital LLP now owns 285,373 shares of the oil and gas exploration company’s stock worth $3,613,000 after purchasing an additional 171,649 shares during the period. Finally, Annex Advisory Services LLC increased its holdings in shares of Petroleo Brasileiro S.A.- Petrobras by 7.4% during the 3rd quarter. Annex Advisory Services LLC now owns 1,994,268 shares of the oil and gas exploration company’s stock worth $25,247,000 after purchasing an additional 137,370 shares during the period.

More Petroleo Brasileiro S.A.- Petrobras News

Here are the key news stories impacting Petroleo Brasileiro S.A.- Petrobras this week:

• Positive Sentiment: Large jet-fuel price increase — Petrobras raised jet fuel prices by roughly 55%, aligning domestic prices with higher global oil levels. That lift to product margins and near‑term revenue likely supports earnings. Brazil’s Petrobras raises jet fuel prices by around 55%
• Positive Sentiment: Zacks upgrade to Strong Buy — an analyst upgrade to a Zacks Rank #1 signals improving earnings expectations and may support further inflows from momentum/value investors. Petrobras (PBR) Upgraded to Strong Buy: Here’s Why
• Positive Sentiment: New offshore oil discovery — company reports a high‑quality oil find offshore Brazil, which supports reserve replacement and production growth prospects. Petrobras (PBR) discovers high quality oil offshore Brazil
• Neutral Sentiment: Renewables push — Petrobras partnered with Fugro for geotechnical work on Brazil’s first licensed offshore wind pilot (18 MW). Positive for long-term diversification but limited near-term earnings impact. Petrobras Teams With Fugro for Geotechnical Work on Wind Project
• Neutral Sentiment: Short‑term momentum and quant recognition — coverage notes the stock is up ~10.5% over the past week and is highly rated by quant models; this draws attention but can increase volatility. Petrobras (PBR) Is Up 10.48% in One Week: What You Should Know
• Negative Sentiment: Today’s price reaction — despite the positive operational and analyst developments, the stock slid while broader markets rose, suggesting profit‑taking after the recent run and sensitivity to oil‑price/geopolitical moves. Petrobras (PBR) Stock Slides as Market Rises: Facts to Know Before You Trade

Petroleo Brasileiro S.A.- Petrobras Company Profile

Petróleo Brasileiro SA – Petrobras is a Brazilian, state-controlled integrated oil and gas company headquartered in Rio de Janeiro. Founded in 1953, Petrobras is principally engaged in the exploration and production of crude oil and natural gas, and operates across the full value chain from upstream activities through refining, transportation and downstream marketing of petroleum products. The company is a major player in Brazil’s energy sector and is a listed public company with global capital market presence.

Petrobras’s core activities include deepwater and ultra-deepwater exploration and production, where it has been a pioneer in developing pre-salt reserves off Brazil’s coast.