Varanasi Investment:Damo is optimistic about the stock price of the Brazilian Petroleum Corporation (PBR.US) to increase the stock price by 9% after rating rating

Damo is optimistic about the stock price of the Brazilian Petroleum Corporation (PBR.US) to increase the stock price by 9% after rating rating

The Zhitong Finance APP was informed that Monday, Morgan Stanley raised the stock rating of Brazil Petroleum Corporation (PBR.US) from "holding and watching" to "increasing holdings", the target price raised from $ 18 to $ 20, and the stock rose sharply by 8.9%.Damo said that the company’s cash flow is very strong, and even in a challenging market environment, dividend distribution can be maintained.Varanasi Investment

Morgan Stanley analyst Bruno Mantanari said that he "believes" Brazil Petroleum Corporation has the best maritime oil assets in the industry, as well as "unparalleled" oil well productivity, lower capital expenditure and production costs, but compared with global, comparedThe key difference is that strong cash acquisition capabilities will "provide sufficient funds for dividends in the next few years."Lucknow Stock

Mantanari wrote that the stock price of Brazil’s oil company has fallen 17%since its peak earlier this year, and has been basically the same in the past five months.Gradually dissipate, some volatility may be eliminated.Jinnai Wealth Management

The analyst said that the information conveyed by the new CEO and Chief Financial Officer at the recent call meeting and meeting made him believe that as long as the enterprise has enough cash to use it, it should maintain strategic continuity, and at the same time increase the responsibilities to increase the increase in responsibilities.Investment and dividend distribution.Jaipur Stock

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