OREANDA-NEWS. September 06, 2013. Citigroup Inc. cut shares of Petrochina (NYSE:PTR) from a neutral rating to a sell rating in a research note issued to investors on Friday, TheFlyOnTheWall.com reports.

Other equities research analysts have also recently issued reports about the stock. Analysts at Credit Suisse downgraded shares of Petrochina from an outperform rating to an underperform rating in a research note to investors on Thursday, August 15th. Separately, analysts at Sanford C. Bernstein upgraded shares of Petrochina from a market perform rating to an outperform rating in a research note to investors on Monday, July 8th. Finally, analysts at BNP Paribas upgraded shares of Petrochina from a neutral rating to an outperform rating in a research note to investors on Tuesday, July 2nd.

Two analysts have rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the company. The stock has a consensus rating of Hold and an average target price of USD116.00.

PetroChina Company Limited is an oil and gas producer and seller in the People’s Republic of China (NYSE:PTR).