UBS upgrades PETROBRAS PN to 'buy' with a price target of R$42.00

  • Investing.com
UBS upgrades PETROBRAS PN to 'buy' with a price target of R$42.00

An analyst from UBS upgraded PETROBRAS PN (BVMF: PETR4 ) from 'neutral' to 'buy' with a price target of R$42.00 from a prior price target of R$31.00.

Prior to this rating, PETROBRAS PN had 5 buy ratings, 7 hold ratings, and 0 sell ratings.

For consensus analyst estimates and price targets on PETROBRAS PN, click here. For more news on PETROBRAS PN, click here.

PETROBRAS PN's stock price closed at $34.29. They are up 6.36% in the last month and up 7.36% in the last 12 months.

According to Investing Pro, PETROBRAS PN's fair value is $51.24, an upside of 49.44%. PETROBRAS PN's fair value comes with a medium degree of uncertainty, according to InvestingPro.

Check out PETROBRAS PN's recent earnings performance and financials here.

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