Pjsc Lukoil (OTCMKTS:LUKOY) Rating Increased to Buy at The Goldman Sachs Group

Pjsc Lukoil (OTCMKTS:LUKOY) was upgraded by analysts at The Goldman Sachs Group from a “neutral” rating to a “buy” rating in a research note issued to investors on Wednesday, The Fly reports.

Separately, Renaissance Capital downgraded Pjsc Lukoil from a “buy” rating to a “hold” rating in a report on Wednesday, July 7th.

Shares of OTCMKTS:LUKOY traded up $1.49 during trading on Wednesday, reaching $92.00. 46,119 shares of the company traded hands, compared to its average volume of 76,876. The firm has a market capitalization of $63.74 billion, a price-to-earnings ratio of 10.93 and a beta of 1.25. Pjsc Lukoil has a 52-week low of $50.20 and a 52-week high of $94.70. The company has a current ratio of 1.44, a quick ratio of 1.05 and a debt-to-equity ratio of 0.12. The business’s fifty day moving average is $87.21 and its 200-day moving average is $85.17.

Pjsc Lukoil (OTCMKTS:LUKOY) last released its quarterly earnings data on Friday, August 27th. The oil and gas exploration company reported $3.74 earnings per share for the quarter. The firm had revenue of $29.69 billion during the quarter. Pjsc Lukoil had a return on equity of 9.97% and a net margin of 6.06%.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. First Commonwealth Financial Corp PA bought a new position in shares of Pjsc Lukoil during the second quarter valued at $213,000. Boston Private Wealth LLC increased its holdings in shares of Pjsc Lukoil by 8.9% during the first quarter. Boston Private Wealth LLC now owns 10,340 shares of the oil and gas exploration company’s stock valued at $836,000 after acquiring an additional 846 shares in the last quarter. Henry James International Management Inc. increased its holdings in shares of Pjsc Lukoil by 30.1% during the second quarter. Henry James International Management Inc. now owns 15,230 shares of the oil and gas exploration company’s stock valued at $1,401,000 after acquiring an additional 3,524 shares in the last quarter. Thomas White International Ltd. increased its holdings in shares of Pjsc Lukoil by 17.2% during the first quarter. Thomas White International Ltd. now owns 155,830 shares of the oil and gas exploration company’s stock valued at $12,620,000 after acquiring an additional 22,913 shares in the last quarter. Finally, Parametric Portfolio Associates LLC increased its holdings in shares of Pjsc Lukoil by 2.6% during the second quarter. Parametric Portfolio Associates LLC now owns 199,776 shares of the oil and gas exploration company’s stock valued at $18,379,000 after acquiring an additional 4,988 shares in the last quarter. Institutional investors and hedge funds own 1.08% of the company’s stock.

Pjsc Lukoil Company Profile

Oil Co LUKOIL PJSC engages in the exploration, production, refining, marketing and distribution of oil. It operates through the following segments: Exploration & Production; Refining, Marketing & Distribution; and Corporate & Other. The Exploration & Production segment explores, develops and produces crude oil and gas.

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