Capital International INC Stake in Petroleo Brasileiro On Adr (Petrobras) (PBR) Decreased

Petróleo Brasileiro S.A. - Petrobras (NYSE:PBR) Corporate Logo

The holdings In Petroleo Brasileiro On Adr (Petrobras) (PBR) was reduced held by Capital International Inc. According to 2018Q2 Securities and Exchange filling the decrease is 66.11%. 413,900 shares were sold by Capital International Inc as the company’s stock rose 11.33% with the market. The oil & gas production company at the end of 2018Q2 was valued at $2.13M. It’s down from 626,100 at the end of the previous reported quarter. Now it had 212,200 shares held by the institutional investor . $93.09B is the MC of Petroleo Brasileiro On Adr (Petrobras). Lastly it traded at $14.94.Since November 10, 2017 it’s 9.04% down thus uptrending. The stock underperformed the S&P 500 by 6.58%.

Capital International Inc has risen its stake in and also increased its holding in by shares in the quarter, for a total of shares.

On November, 13 WallStreet anticipated Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR)’s earnings release, as reported by RTT. earnings per share of $0.40 is 1,233.33 % up from 2017’s $0.03 EPS. If PBR’s EPS is $0.40 the profit will be $2.49 billion for 9.34 P/E. Wall Street now forecasts -9.09 % negative EPS growth despite Petróleo Brasileiro S.A. – Petrobras previous quarter’s EPS of $0.44.

More recent Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) news were brought out by Seekingalpha.com, Fool.com and Seekingalpha.com. The first one has “Petrobras -3% as Q3 earnings surge but production slips” as a title and was brought out on November 06, 2018. The next is “Petrobras Stock Upgraded: What You Need to Know” on October 23, 2018. And last was brought out on November 09, 2018, called “Petrobras – Petroleo Brasileiro’s (PBR) Management on Q3 2018 Results – Earnings Call Transcript”.

Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) Ratings Coverage

Total analysts of 8 have positions in Petroleo Brasileiro SA- Petrobras (NYSE:PBR) as follows: 2 rated it a “Buy”, 0 with “Sell” and 6 with “Hold”. The positive are 25%. Since May 24, 2018 according to StockzIntelligence Inc Petroleo Brasileiro SA- Petrobras has 9 analyst reports. On Monday, October 8 the rating was upgraded by Bank of America to “Buy”. On Friday, June 8 the rating was downgraded by UBS to “Hold”. The company rating was upgraded by JP Morgan on Monday, October 8. On Monday, June 11 the company was upgraded by Raymond James. On Thursday, May 24 the stock of Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) has “Hold” rating given by Bank of America. On Thursday, May 24 the firm has “Equal-Weight” rating given by Morgan Stanley. The stock rating was downgraded by Credit Suisse to “Hold” on Thursday, May 24. On Friday, June 1 the stock of Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) has “Hold” rating given by J.P. Morgan. On Monday, June 4 the firm earned “Hold” rating by Societe Generale.

Petróleo Brasileiro S.A. - Petrobras (NYSE:PBR) Analyst Ratings Chart

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