Analysts Offer Insights on Energy Companies: Petroleo Brasileiro SA- Petrobras (PBR) and Murphy Oil (MUR)
Analysts fell to the sidelines weighing in on Petroleo Brasileiro SA- Petrobras (PBR – Research Report) and Murphy Oil (MUR – Research Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.
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Petroleo Brasileiro SA- Petrobras (PBR)
Bank of America Securities analyst Caio Ribeiro maintained a Hold rating on Petroleo Brasileiro SA- Petrobras today. The company’s shares closed last Thursday at $15.47.
According to TipRanks.com, Ribeiro is ranked #9313 out of 12040 analysts.
Currently, the analyst consensus on Petroleo Brasileiro SA- Petrobras is a Moderate Buy with an average price target of $14.98, a -5.2% downside from current levels. In a report issued on January 16, BTG Pactual also downgraded the stock to Hold with a $15.00 price target.
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Murphy Oil (MUR)
In a report released today, Chris Baker from Evercore ISI maintained a Hold rating on Murphy Oil, with a price target of $22.00. The company’s shares closed last Thursday at $31.92.
According to TipRanks.com, Baker is a 5-star analyst with an average return of
Currently, the analyst consensus on Murphy Oil is a Hold with an average price target of $29.33, representing a -5.6% downside. In a report released today, TipRanks – OpenAI also upgraded the stock to Hold with a $35.00 price target.
