This summary was created by AI, based on 1 opinions in the last 12 months.
Petrobras (PBR) is the national energy company of Brazil, and their strategic plan to 2050 emphasizes renewed growth in capital projects and large distributions to shareholders. With a low P/E ratio and strong return on equity, the company's cash reserves are also growing, supporting a healthy dividend backed by a reasonable payout ratio. Analysts recommend a stop-loss at $12 with a target of $18, indicating a potential upside of over 25%.
Despite trading at 6x PE, this has run up too much.
The CEO was replaced by the government. It has a good sized resource base so there is upside in spite of the political risk.
He's worried about PBR, because Chile just nationalized all its lithium businesses.
Given its yield and growth rate, you'd buy this, but PBR is in Brazil and that matters. Can't trust it at all.
She is light in oil, because the US shale producers have come back a lot faster in terms of production. That is more than offsetting whatever OPEC is doing on the cutting side. This company is very inexpensive, and has great assets. Management has laid out a plan to divest non-core assets, pay down some debt and right size their balance sheet. If you have a long-term time horizon, this is a good risk/reward. There is some near-term noise around Brazil, which will be a bit of a headwind.
You can’t really talk about this without talking about Brazilian politics. This company has very, very extensive resources. Unfortunately, they also have a lot of debt. A very levered play on oil prices, and a small move in oil will result in a big move in this company.
Petroleo Bras Sa Petro is a American stock, trading under the symbol PBR-N on the New York Stock Exchange (PBR). It is usually referred to as NYSE:PBR or PBR-N
In the last year, there was no coverage of Petroleo Bras Sa Petro published on Stockchase.
Petroleo Bras Sa Petro was recommended as a Top Pick by on . Read the latest stock experts ratings for Petroleo Bras Sa Petro.
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0 stock analysts on Stockchase covered Petroleo Bras Sa Petro In the last year. It is a trending stock that is worth watching.
On 2024-12-13, Petroleo Bras Sa Petro (PBR-N) stock closed at a price of $13.61.
Petrobras (PBR) is the national energy company of Brazil. The company released its strategic plan to 2050 and it emphasizes a renewed growth in capital projects along with a large distribution to share holders ($55 bn by 2029). It trades at 6x earnings, 1.2x book and supports a 29% ROE. We like that cash reserves are growing. The healthy dividend is backed by a payout ratio under 60% of cash flow. We recommend setting a stop-loss at $12, looking to achieve $18 -- upside potential over 25%. Yield 6.5%
(Analysts’ price target is $18.24)