Petrobras Argentina SA (NYSE:PZE) has been given a consensus broker rating score of 2.00 (Buy) from the two brokers that provide coverage for the stock, Zacks Investment Research reports. One research analyst has rated the stock with a hold recommendation and one has issued a strong buy recommendation on the company.
Brokers have set a 1-year consensus price objective of $7.80 for the company, according to Zacks. Zacks has also assigned Petrobras Argentina SA an industry rank of 235 out of 265 based on the ratings given to related companies.
Separately, Zacks upgraded Petrobras Argentina SA from a “sell” rating to a “hold” rating in a research report on Friday, October 23rd.
Petrobras Argentina SA (NYSE:PZE) traded up 2.78% during midday trading on Tuesday, reaching $6.28. The company’s stock had a trading volume of 141,369 shares. The firm has a market capitalization of $1.27 billion and a PE ratio of 16.10. Petrobras Argentina SA has a 1-year low of $4.32 and a 1-year high of $7.90. The firm has a 50 day moving average price of $5.33 and a 200 day moving average price of $6.38.
Petrobras Argentina SA, (NYSE:PZE), is a Argentina-based integrated company principally engaged in the energy sector. The Company’s activities are structured in four business segments: Oil and Gas Exploration and Production, such as the acquisition, exploration, exploitation as well as maintenance of oil and gas reserves; Refining and Supply, focusing in the creation of fuels, lubricants and asphalts; Petrochemicals, including the creation of styrene, polystyrene, bi-oriented polystyrene (BOPS) and synthetic rubber; in addition to Gas and Energy, providing gas distribution and electric energy generation and transmission. Through its subsidiaries and affiliates, the business has operations established in Mexico, Bolivia, Brazil, Ecuador, Venezuela, Argentina, Bermuda, Spain and Austria. YPF SA acquired the Company’s 38.45% contribution in the concession contract UTE Puesto Hernandez do between both companies for the investigation of the Puesto Hernandez region.document.write(‘‘);
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