GUYS!!! WHAT DO YOU THINK ABOUT THEIR PLAN? READ STRATEGIC PLAN ON PETROBRAS HOME PAGE.
As i see it they should be between $30 and $50 within 2 years.
2.5 debt to ebitda
no equity issuance
convergence of diesel & gas prices
debt and leverage below 35%
all this say for me that they are $30-$50 stock
please read 7 pages of strategic plan and tell what you think.
i will not post short term predictions anymore, only fundamental information.