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Enter Symbol:
 
Petroleo Brasileiro S.a.- Petrobras (PBR) [hlAlert]

Rating:
Overweight
PBR
down 89.43 %

Petroleo Brasileiro S.a.- Petrobras (PBR) rated Overweight by HSBC Securities

Posted on: Monday,  Feb 22, 2010  9:25 AM ET by HSBC Securities

HSBC Securities rated Overweight Petroleo Brasileiro S.a.- Petrobras (NYSE: PBR) on 02/22/2010. Previously HSBC Securities rated Overweight Petroleo Brasileiro S.a.- Petrobras (NYSE: PBR)
on 07/29/2008., when the stock price was $54.22. Since then, Petroleo Brasileiro S.a.- Petrobras has lost 89.43% as of 10/12/2015's recent price of $5.73.
If you would have followed the previous HSBC Securities's recommendation on PBR, you would have lost 89.43% of your investment in 2631 days.

PETROBRAS-ADR C is an integrated company operating in exploration, production, refining, retailing and transportation of petroleum and its byproducts at home and abroad.

HSBC has refined and refocused its Global Equities organisation, creating a lean and flexible business model built to meet the needs of global issuers and investors today and in the future. Acknowledging the changing demands of clients, we have also refined our research model, moving away from traditional maintenance to focus on long term, thematic research (a two-year-plus horizon) combined with short term (zero to three months), real-time, actionable ideas both for companies and sectors.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/22/2010 9:25 AM Buy
None
42.86
as of 12/31/2010
1 Week up  5.39 %
1 Month up  11.37 %
3 Months down  -0.38 %
1 YTD down  -24.22 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/29/2008 8:25 AM Buy
None
54.22

(*) Stock Price at the time of the recommendation.
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