UBS AG downgraded shares of Petrochina (NYSE: PTR) from a buy rating to a neutral rating in a research note released on Monday morning.

A number of other firms have also recently commented on PTR. Analysts at Zacks reiterated a neutral rating on shares of Petrochina in a research note to investors on Monday, August 27th. They now have a $130.00 price target on the stock. Analysts at Jefferies Group reiterated a buy rating on shares of Petrochina in a research note to investors on Thursday, August 23rd.

Petrochina traded down 0.21% on Monday, hitting $140.42. Petrochina has a 52-week low of $114.39 and a 52-week high of $153.35. The company has a market cap of $257.0 billion and a price-to-earnings ratio of 12.56.

PetroChina Company Limited is an oil and gas producer and seller in the People's Republic of China (PRC).