NYSE:PTR - PetroChina Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $40.45
  • Forecasted Upside: 22.39 %
  • Number of Analysts: 11
  • Breakdown:
  • 2 Sell Ratings
  • 4 Hold Ratings
  • 5 Buy Ratings
  • 0 Strong Buy Ratings
$33.05
▼ -0.93 (-2.74%)
1 month | 3 months | 12 months
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Analyst Price Target for PTR

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$40.45
▲ +22.39% Upside Potential
This price target is based on 11 analysts offering 12 month price targets for PetroChina in the last 3 months. The average price target is $40.45, with a high forecast of $45.90 and a low forecast of $35.00. The average price target represents a 22.39% upside from the last price of $33.05.
Hold
The current consensus among 11 contributing investment analysts is to hold stock in PetroChina. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 2 sell ratings
7/29/2019
  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 2 sell ratings
10/27/2019
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 2 sell ratings
1/25/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 2 sell ratings
4/24/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 2 sell ratings
7/23/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 2 sell ratings
10/21/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 4 hold ratings
  • 2 sell ratings
12/20/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 4 hold ratings
  • 2 sell ratings
1/19/2021

Latest Recommendations

  • 0 strong buy ratings
  • 5 buy ratings
  • 4 hold ratings
  • 2 sell ratings

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
1/13/2021UBS GroupUpgradeNeutral ➝ BuyLow
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11/22/2020The Goldman Sachs GroupInitiated CoverageNeutralHigh
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7/24/2020Morgan StanleyUpgradeEqual Weight ➝ OverweightMedium
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7/22/2020Bank of AmericaUpgradeNeutral ➝ BuyLow
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6/15/2020Credit Suisse GroupUpgradeNeutral ➝ OutperformLow
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5/14/2020JPMorgan Chase & Co.DowngradeNeutral ➝ UnderweightMedium
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Rating by Scott Darling at JPMorgan Chase & Co.
5/4/2020Sanford C. BernsteinUpgradeMarket Perform ➝ Outperform$45.90High
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Rating by Neil Beveridge at Sanford C. Bernstein
3/27/2020CfraLower Price TargetBuy ➝ Hold$57.00 ➝ $35.00Low
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3/17/2020Daiwa Capital MarketsDowngradeBuy ➝ HoldHigh
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Rating by Dennis Ip at Daiwa Capital Markets
3/11/2020CitigroupDowngradeBuy ➝ SellHigh
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3/10/2020HSBCDowngradeBuy ➝ HoldHigh
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3/9/2020Bank of AmericaDowngradeBuy ➝ NeutralHigh
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3/3/2020JPMorgan Chase & Co.DowngradeOverweight ➝ NeutralLow
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9/11/2019HSBCDowngradeHold ➝ ReduceLow
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7/17/2019MacquarieUpgradeNeutral ➝ OutperformLow
i
7/8/2019Daiwa Capital MarketsInitiated CoverageOutperform ➝ OutperformLow
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6/3/2019Credit Suisse GroupDowngradeNeutral ➝ UnderperformLow
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5/24/2019CitigroupUpgradeNeutral ➝ Buy$57.45Low
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5/14/2019The Goldman Sachs GroupUpgradeNeutral ➝ Buy$74.00Low
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4/5/2019JPMorgan Chase & Co.Reiterated RatingBuyLow
i
Rating by Scott Darling at JPMorgan Chase & Co.
1/9/2019Morgan StanleyUpgradeEqual Weight ➝ OverweightMedium
i
1/4/2019CitigroupDowngradeBuy ➝ NeutralLow
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12/11/2018BNP ParibasDowngradeBuy ➝ HoldLow
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11/29/2018JPMorgan Chase & Co.UpgradeNeutral ➝ OverweightMedium
i
11/15/2018Morgan StanleyDowngradeOverweight ➝ Equal WeightMedium
i
10/9/2018MacquarieDowngradeOutperform ➝ NeutralLow
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9/24/2018Bank of AmericaReiterated RatingBuy$106.00Low
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5/28/2018Sanford C. BernsteinUpgradeMarket Perform ➝ Outperform$60.69 ➝ $82.69Low
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5/1/2018HSBCUpgradeHold ➝ BuyMedium
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4/4/2018BNP ParibasUpgradeHold ➝ BuyLow
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3/5/2018MacquarieUpgradeNeutral ➝ OutperformLow
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2/22/2018Morgan StanleyUpgradeEqual Weight ➝ OverweightLow
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1/11/2018CitigroupUpgradeSell ➝ BuyMedium
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1/9/2018MacquarieDowngradeOutperform ➝ NeutralN/A
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1/2/2018Morgan StanleyDowngradeOverweight ➝ Equal WeightHigh
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12/6/2017Nomura SecuritiesInitiated CoverageBuy ➝ BuyLow
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8/2/2017MacquarieUpgradeNeutral ➝ OutperformLow
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7/31/2017Morgan StanleyUpgradeEqual Weight ➝ OverweightLow
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7/28/2017MizuhoDowngradeBuy ➝ NeutralLow
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7/6/2017Sanford C. BernsteinDowngradeOutperform ➝ Market PerformMedium
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7/5/2017Credit Suisse GroupUpgradeUnderperform ➝ NeutralLow
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5/15/2017MacquarieUpgradeUnderperform ➝ NeutralLow
i
5/5/2017MacquarieUpgradeUnderperform ➝ NeutralLow
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4/24/2017Morgan StanleyDowngradeEqual Weight ➝ UnderweightLow
i
4/10/2017Credit Suisse GroupDowngradeNeutral ➝ UnderperformLow
i
3/7/2017The Goldman Sachs GroupReiterated RatingBuyN/A
i
2/24/2017Jefferies Financial GroupUpgradeUnderperform ➝ BuyN/A
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1/10/2017Morgan StanleyUpgradeUnderweight ➝ Equal WeightN/A
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10/21/2016MacquarieDowngradeOutperform ➝ NeutralN/A
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9/21/2016MacquarieUpgradeNeutral ➝ OutperformN/A
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7/25/2016MacquarieDowngradeOutperform ➝ NeutralN/A
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5/23/2016JPMorgan Chase & Co.DowngradeOverweight ➝ NeutralN/A
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5/10/2016Morgan StanleyDowngradeEqual Weight ➝ UnderweightN/A
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4/18/2016Bank of AmericaUpgradeNeutral ➝ BuyN/A
i
3/23/2016Credit Suisse GroupDowngradeNeutral ➝ UnderperformN/A
i
3/21/2016MizuhoUpgradeUnderperform ➝ BuyN/A
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3/8/2016Sanford C. BernsteinReiterated RatingMarket PerformN/A
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1/20/2016Credit Suisse GroupDowngradeNeutral ➝ UnderperformN/A
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(Data available from 1/19/2016 forward)
PetroChina logo
PetroChina Company Limited, together with its subsidiaries, engages in a range of petroleum related products, services, and activities in Mainland China and internationally. It operates through Exploration and Production, Refining and Chemicals, Marketing, and Natural Gas and Pipeline segments. The company's Exploration and Production segment engages in the exploration, development, production, and marketing of crude oil and natural gas. Its Refining and Chemicals segment refines crude oil and petroleum products; and produces and markets primary petrochemical products, derivative petrochemical products, and other chemical products. The company's Marketing segment is involved in marketing of refined products and trading business. Its Natural Gas and Pipeline segment engages in the transmission of natural gas, crude oil, and refined products; and sale of natural gas. As of December 31, 2019, the company had a total length of 87,144 km, including 53,291 km of natural gas pipelines, 20,091 km of crude oil pipelines, and 13,762 km of refined product pipelines. The company is also involved in the exploration, development, and production of oil sands and coalbed methane; trading of crude oil and petrochemical products; storage, chemical engineering, storage facilities, service station, and transportation facilities and related businesses; import and export of goods and technology; and import and export agency business, as well as provision of technology promotion, professional contractor, and main contractor services; and production and sales of basic and derivative chemical, and other chemical products. The company was founded in 1999 and is headquartered in Beijing, the People's Republic of China. PetroChina Company Limited is a subsidiary of China National Petroleum Corporation.
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Today's Range

Now: $33.05
$32.90
$33.39

50 Day Range

MA: $31.45
$29.92
$34.10

52 Week Range

Now: $33.05
$27.67
$52.17

Volume

5,111 shs

Average Volume

139,547 shs

Market Capitalization

$60.49 billion

P/E Ratio

22.03

Dividend Yield

6.69%

Beta

0.82

Frequently Asked Questions

What sell-side analysts currently cover shares of PetroChina?

The following equities research analysts have issued reports on PetroChina in the last twelve months: Bank of America Co., Cfra, Citigroup Inc., Credit Suisse Group AG, Daiwa Capital Markets, HSBC Holdings plc, JPMorgan Chase & Co., Morgan Stanley, Sanford C. Bernstein, The Goldman Sachs Group, Inc., UBS Group AG, and Zacks Investment Research.

What is the current price target for PetroChina?

2 Wall Street analysts have set twelve-month price targets for PetroChina in the last year. Their average twelve-month price target is $40.45, suggesting a possible upside of 22.4%. Sanford C. Bernstein has the highest price target set, predicting PTR will reach $45.90 in the next twelve months. Cfra has the lowest price target set, forecasting a price of $35.00 for PetroChina in the next year.

What is the current consensus analyst rating for PetroChina?

PetroChina currently has 2 sell ratings, 4 hold ratings and 5 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in PTR, but not buy more shares or sell existing shares.

What other companies compete with PetroChina?

How do I contact PetroChina's investor relations team?

PetroChina's physical mailing address is 9 DONGZHIMEN NORTH STREET DONGCHENG DISTRICT, BEIJING F4, 100007. The oil and gas company's listed phone number is 86-10-5998-2622 and its investor relations email address is hko@petrochina.com. The official website for PetroChina is www.petrochina.com.cn.