A Scandalous Opportunity In Brazil [Seeking Alpha]
Petroleo Brasileiro S.A.- Petrobras (PBR)
US:NYSE Investor Relations:
investidorpetrobras.com.br/en
Company Research
Source: Seeking Alpha
By Eric Fry The chart below shows what "crisis investing" looks like... Take a close look. It superimposes the current trajectory of the Brazilian stock market over the trajectory of the U.S. stock market during the Watergate era. As you can see, the two are remarkably similar. Therefore, if we are to trust the implied message of this chart, Brazilian stocks are a buy... just like U.S. stocks were in 1974 at the depths of the Watergate crisis. The broader message of this chart is that crisis creates opportunity. That's because a crisis causes selling panics that push share prices down to deeply depressed levels. The opposite is also true. During times of peace and prosperity, stocks can become fat and happy, rising to levels that greatly exceed any fundamental rationale. At these levels, stocks typically offer a much greater possibility of capital loss than of capital gain. To illustrate these opposing phenomena, let's briefly compare today's U.S. s
Show less
Read more
Impact Snapshot
Event Time:
PBR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PBR alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PBR alerts
High impacting Petroleo Brasileiro S.A.- Petrobras news events
Weekly update
A roundup of the hottest topics
PBR
News
- Petróleo Brasileiro S.A. - Petrobras (NYSE: PBR) had its price target raised by analysts at UBS Group AG from $17.20 to $17.40. They now have a "buy" rating on the stock.MarketBeat
- Petróleo Brasileiro S.A. - Petrobras (NYSE: PBR) was upgraded by analysts at HSBC Holdings plc from a "hold" rating to a "buy" rating. They now have a $18.00 price target on the stock.MarketBeat
- Petróleo Brasileiro S.A. - Petrobras (NYSE: PBR) was downgraded by analysts at Morgan Stanley from an "overweight" rating to an "equal weight" rating. They now have a $18.00 price target on the stock, down previously from $20.00.MarketBeat
- Petróleo Brasileiro S.A. - Petrobras (NYSE: PBR) was downgraded by analysts at Bank of America Co. from a "buy" rating to a "neutral" rating. They now have a $16.00 price target on the stock.MarketBeat
- How Europe Can Win the Energy War With RussiaPR Newswire
PBR
Sec Filings
- 4/12/24 - Form 20-F
- 4/12/24 - Form 6-K
- 4/12/24 - Form 6-K
- PBR's page on the SEC website