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Goldman Sachs Remains a Buy on Petroleo Brasileiro SA- Petrobras (PBR)
Goldman Sachs analyst Bruno Amorim reiterated a Buy rating on Petroleo Brasileiro SA- Petrobras today and set a price target of $22.50.
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According to TipRanks, Amorim is ranked #1678 out of 12226 analysts.
Petroleo Brasileiro SA- Petrobras has an analyst consensus of Strong Buy, with a price target consensus of $21.63.
Based on Petroleo Brasileiro SA- Petrobras’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $23.53 billion and a net profit of $6.21 billion. In comparison, last year the company earned a revenue of $21.07 billion and had a net profit of $5.97 billion
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