OREANDA-NEWS. July 16, 2013. Petrochina (NYSE: PTR) was upgraded by stock analysts at HSBC from an “underweight” rating to an “overweight” rating in a report issued, Stock Ratings Network reports.

PTR has been the subject of a number of other recent research reports. Analysts at Morgan Stanley upgraded shares of Petrochina to an “overweight” rating in a research note to investors on Monday. Separately, analysts at Macquarie upgraded shares of Petrochina to a “neutral” rating in a research note to investors on Thursday, June 27th. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Petrochina in a research note to investors. They now have a USD 116.00 price target on the stock.

Four analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of USD 116.00.