Traders Buy High Volume of Petroleo Brasileiro SA Petrobras Call Options (PBR)

Petroleo Brasileiro S.A. - Petrobras (PBR), a part of Basic Materials sector and belongs to Oil & Gas Drilling & Exploration industry; ended its day with gain 1.94% and finalized at the price of $9.44. The stock had a trading volume of 25,557,770 shares. The latest reports which are outstanding on Monday 17th of April state 2 analysts have a rating of "strong buy", 6 analysts "buy", 6 analysts "neutral", 2 analysts "sell" and 0 analysts "strong sell".

The stock volatility for week was 3.01% while for month was 3.40%.The stock, as of last close, traded 73.21% to its 52 week low and was changed -24.84% from its 52 week high. Highland Capital Management LLC boosted its position in shares of Petroleo Brasileiro SA Petrobras by 0.3% in the third quarter.

Analysts give CL a mean recommendation of 2.80.

During last 5 trades the stock sticks nearly -3.28%. The stock's 50-day moving average price is $9.62 and its 200 day moving average price is $10.38. The Average Volume (3 months) is 20.04 Million. Analysts have consensus one year price target of $8.88. Finally, Private Advisor Group LLC raised its position in shares of Petroleo Brasileiro SA Petrobras by 13.7% in the fourth quarter.

Annual earnings per share (EPS) growth noted at -53.00% in past 5 Years and Long-term annual earnings per share (EPS) growth is expected to reach -2.30% in coming 5 years. Also, the current price highlights a discount of 53.6% to analysts' high consensus price target.

01/31/2017 - Petroleo Brasileiro S.A. - Petrobras had its " rating reiterated by analysts at Barclays. Its segments include Exploration and Production, which covers the activities of exploration, development and production of crude oil, natural gas liquid and natural gas; Refining, Transportation and Marketing, which covers the refining, logistics, transport and trading of crude oil and oil products activities, exporting of ethanol, and extraction and processing of shale; Gas and Power, which is engaged in transportation and trading of natural gas produced in Brazil and imported natural gas; Biofuels, which covers the activities of production of biodiesel and its co-products, and ethanol-related activities; Distribution, which includes the activities of its subsidiary Petrobras Distribuidora S.A., and Corporate. This showed the surprise of 20% in the last quarter earnings. The stock is showing its Operating Margin of 6.1 percent. The Higher end of the revenue forecast is $2.53 Billion, while the Lower end of the forecast is $2.03 Billion.

Petroleo Brasileiro S.A. - Petrobras (PBR) now has a consensus Price Target of $11.31. Consensus earnings estimates are far from flawless, but they are watched by many investors and play an important role in measuring the appropriate valuation for a stock. However, it could also mean that something is fundamentally wrong with the company. The performance for one month is at 2.72% and the performance for half year is -14.18%.

A stock rating usually tells investors how well a stock's market value relates to what analysts think is a fair value for the stock, based on an independent evaluation of the company.

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