Factset Reports: Target Price for Petrobras (PBR-US) Downgraded to $14.5
According to the latest FactSet survey, a total of 13 analysts have revised the target price for Petrobras (PBR-US) from $15.3 to $14.5, representing a decrease of 5.23%. The highest estimate is $20 while the lowest is $12.5.
Overall, 18 analysts rated Petrobras, with 12 being optimistically bullish, 6 remaining neutral, and none expressing bearish views. The closing price for Petrobras today (10th) was $11.255, marking a 5.23% decline over the past five days, while the S&P index rose by 1.5%, showing no significant performance in the short term.
