PetroChina Company Limited Receives Consensus Recommendation of “Hold” from Brokerages (NYSE:PTR)
PetroChina Company Limited (NYSE:PTR) has received an average recommendation of “Hold” from the nine analysts that are presently covering the company, AnalystRatings.NET reports. One analyst has rated the stock with a sell rating, three have issued a hold rating and five have issued a buy rating on the company.
A number of analysts have recently weighed in on PTR shares. Analysts at Societe Generale downgraded shares of PetroChina Company Limited from a “buy” rating to a “neutral” rating in a research note on Wednesday, July 30th. 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.
PetroChina Company Limited (NYSE:PTR) opened at 134.11 on Tuesday. PetroChina Company Limited has a one year low of $94.75 and a one year high of $140.88. The stock’s 50-day moving average is $129.7 and its 200-day moving average is $114.. The company has a market cap of $241.7 billion and a P/E ratio of 11.52.
PetroChina Company Limited is mainly engaged in the production and sale of oil and gas related products.
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