Media stories about Petroleo Brasileiro SA Petrobras (NYSE:PBR) have been trending somewhat positive on Monday, Accern reports. Accern identifies negative and positive press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Petroleo Brasileiro SA Petrobras earned a daily sentiment score of 0.19 on Accern’s scale. Accern also assigned media stories about the oil and gas exploration company an impact score of 46.3083440008356 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the media stories that may have effected Accern Sentiment’s rankings:
- Zacks Investment Research Upgrades Petroleo Brasileiro SA Petrobras (PBR) to “Buy” (americanbankingnews.com)
- Head to Head Review: Petroleo Brasileiro SA Petrobras (PBR) versus Premier Oil (PMOIY) (americanbankingnews.com)
- Petrobras signs $587 mln agreement to build gas processing unit (finance.yahoo.com)
- Integrated Energy Stocks That Lost the Most This Week (finance.yahoo.com)
- Petroleo Brasileiro SA Petrobras (PBR) Receives Average Rating of “Hold” from Analysts (americanbankingnews.com)
A number of equities research analysts have recently issued reports on the company. Credit Suisse Group cut Petroleo Brasileiro SA Petrobras to a “hold” rating and set a $12.00 price objective for the company. in a report on Thursday, January 18th. Zacks Investment Research upgraded Petroleo Brasileiro SA Petrobras from a “hold” rating to a “buy” rating and set a $12.00 price objective for the company in a report on Tuesday, January 2nd. Goldman Sachs upgraded Petroleo Brasileiro SA Petrobras from a “sell” rating to a “neutral” rating in a report on Thursday, February 1st. ValuEngine upgraded Petroleo Brasileiro SA Petrobras from a “hold” rating to a “buy” rating in a report on Friday, February 2nd. Finally, HSBC cut Petroleo Brasileiro SA Petrobras from a “buy” rating to a “hold” rating in a report on Tuesday, January 23rd. One analyst has rated the stock with a sell rating, eight have given a hold rating and one has given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $12.00.
Shares of NYSE:PBR traded down $0.42 during trading on Monday, reaching $13.72. 10,667,969 shares of the stock were exchanged, compared to its average volume of 19,573,967. Petroleo Brasileiro SA Petrobras has a 12 month low of $7.61 and a 12 month high of $14.93. The stock has a market cap of $92,224.59, a PE ratio of 19.60 and a beta of 2.42. The company has a quick ratio of 1.55, a current ratio of 1.89 and a debt-to-equity ratio of 1.25.
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Petroleo Brasileiro SA Petrobras Company Profile
Petroleo Brasileiro SA-Petrobras specializes in the oil, natural gas and energy industry. The Company is engaged in prospecting, drilling, refining, processing, trading and transporting crude oil from producing onshore and offshore oil fields and from shale or other rocks. Its segments include Exploration and Production, which covers the activities of exploration, development and production of crude oil, natural gas liquid and natural gas; Refining, Transportation and Marketing, which covers the refining, logistics, transport and trading of crude oil and oil products activities, exporting of ethanol, and extraction and processing of shale; Gas and Power, which is engaged in transportation and trading of natural gas produced in Brazil and imported natural gas; Biofuels, which covers the activities of production of biodiesel and its co-products, and ethanol-related activities; Distribution, which includes the activities of its subsidiary Petrobras Distribuidora SA, and Corporate.
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