Zacks Investment Research upgraded PetroChina Company Limited (ADR) (NYSE:PTR) to Hold in a report released today.
- Updated: September 23, 2016
Zacks Investment Research has upgraded PetroChina Company Limited (ADR) (NYSE:PTR) to Hold in a report released on Friday September 23, 2016.
Yesterday PetroChina Company Limited (ADR) (NYSE:PTR) traded -1.42% lower at $64.41. The company’s 50-day moving average is $67.08 and its 200-day moving average is $68.21. The last stock close price is down -5.42% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 68,704 shares of the stock were exchanged, down from an average trading volume of 110,711
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PetroChina Company Limited (ADR) has a 52 week low of $52.30 and a 52 week high of $84.05 with a P/E ratio of 80.64 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its target price, a total of 3 firms have issued a report on the stock. The consensus target price is $84.31 with 0 firms rating the stock a strong buy, 1 firm rating the stock a buy, 2 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
General Information About PetroChina Company Limited (ADR) (NYSE:PTR)
PetroChina Company Limited is an oil and gas producer and distributor. The Company's segments are Exploration and Production, Refining and Chemicals, Marketing, and Natural Gas and Pipeline. The Company's Exploration and Production segment is engaged in the exploration, development, production and marketing of crude oil and natural gas. The Company's Refining and Chemicals segment is engaged in the refining of crude oil and petroleum products, production and marketing of primary petrochemical products, and derivative petrochemical products and other chemical products. The Company's Marketing segment is engaged in the marketing of refined products and trading business. The Company's Natural Gas and Pipeline segment is engaged in the transmission of natural gas, crude oil and refined products and the sale of natural gas.
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