Were Analysts Bullish PetroChina Company Limited (ADR) (NYSE:PTR) This Week?

Out of 7 analysts covering PetroChina (NYSE:PTR), 3 rate it a “Buy”, 3 “Sell”, while 1 “Hold”. This means 43% are positive. PetroChina has been the topic of 7 analyst reports since October 28, 2015 according to StockzIntelligence Inc. JP Morgan downgraded the stock on May 23 to “Neutral” rating. Below is a list of PetroChina Company Limited (ADR) (NYSE:PTR) latest ratings and price target changes.

23/05/2016 Broker: JP Morgan Old Rating: Overweight New Rating: Neutral Downgrade
10/05/2016 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Underweight Downgrade
18/04/2016 Broker: Bank of America Old Rating: Neutral New Rating: Buy Upgrade

The stock increased 3.22% or $2.06 during the last trading session, hitting $66.02. PetroChina Company Limited (ADR) (NYSE:PTR) has risen 1.29% since February 25, 2016 and is uptrending. It has underperformed by 9.97% the S&P500.

PetroChina Company Limited is an oil and gas producer and distributor. The company has a market cap of $194.97 billion. The Company’s divisions are Exploration and Production, Refining and Chemicals, Marketing, and Natural Gas and Pipeline. It has a 88.95 P/E ratio. The Company’s Exploration and Production segment is engaged in the exploration, development, production and marketing of natural gas and crude oil.

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