Fast Growing Stock in Focus: Petroleo Brasileiro S.A. – Petrobras (NYSE:PBR)

Shaers of Petroleo Brasileiro S.A. – Petrobras (NYSE:PBR) have been recommended as a long term growth pick according to Beta Research.  With the firm’s stock price currently trading around $13.55, the firm has proven a solid track record of growth over the past few years.  Investors might consider the stock as a long term growth candidate as the firm has yielded -15.30% earnings per share growth over the past 5 years and 14.50% revenue growth over that same time frame. 

Even with the stock market still riding high, investors may be looking for some bargain stocks to add to the portfolio. Although nobody can say for certain if stocks will continue to climb the ladder, investors may be preparing for the temporary dips in order to get into some positions at more reasonable prices. Always being prepared can help make the tough decisions a bit easier to stomach when the time comes. Coming at the stock market from multiple angles may help investors spot some future winners.

Recent Performance

Let’s take a look at how the stock has been performing recently.  Over the past twelve months, Petroleo Brasileiro S.A. – Petrobras (NYSE:PBR)’s stock was 32.22%.  Over the last week of the month, it was 16.31%, 32.38% over the last quarter, and  -2.68% for the past six months. 

Over the past 50 days, Petroleo Brasileiro S.A. – Petrobras’s stock is 2.19% off of the high and 33.37% removed from the low.  Their 52-Week High and Low are as follows: -20.90% (High), 50.57%, (Low). 

Analyst Recommendation

Despite the past success, investors want to know where the stock is headed from here.  Analysts covering the shares have a consensus short-term price target of $13.80 on the equity.   Analysts have a consensus recommendation of 2.70 based on a 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.