Petrobras (PETR4): Share is not cheap in 'many likely scenarios', says BTG
BTG reiterated a “neutral” rating for Petrobras (Image: Arquivo/Agência Brasil) The shares of Petrobras (PETR4) are not “cheap enough”, despite the support that the dividends (albeit smaller) could offer for the thesis of the state-owned company, evaluates the BTG Pactual. The bank reiterated the "neutral" rating for the shares, with…