PetroChina Company Limited Reaches New 12-Month High at $140.88 (PTR)
PetroChina Company Limited (NYSE:PTR) shares reached a new 52-week high on Thursday , Stock Ratings Network reports. The stock traded as high as $140.88 and last traded at $140.62, with a volume of 78,503 shares trading hands. The stock had previously closed at $139.26.
A number of analysts have recently weighed in on PTR shares. Analysts at Zacks reiterated a “neutral” rating on shares of PetroChina Company Limited in a research note on Tuesday, July 8th. They now have a $132.00 price target on the stock. Analysts at Macquarie upgraded shares of PetroChina Company Limited from a “neutral” rating to an “outperform” rating in a research note on Monday, June 23rd. One research analyst has rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $132.00.
The stock’s 50-day moving average is $126.7 and its 200-day moving average is $112.6. The company has a market cap of $253.6 billion and a P/E ratio of 12.43.
PetroChina Company Limited is mainly engaged in the production and sale of oil and gas related products.
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