Petroleo Brasileiro S.A.- Petrobras (PBR) Receiving Favorable Press Coverage, Analysis Finds

Media headlines about Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR) have trended positive recently, AlphaOne Sentiment Analysis reports. The research firm, a unit of Accern, identifies negative and positive press coverage by monitoring more than twenty million blog and news sources. AlphaOne ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Petroleo Brasileiro S.A.- Petrobras earned a daily sentiment score of 0.30 on AlphaOne’s scale. AlphaOne also gave media coverage about the oil and gas exploration company an impact score of 40 out of 100, meaning that recent press coverage is unlikely to have an effect on the stock’s share price in the next several days.

These are some of the news articles that may have impacted AlphaOne’s analysis:

Insider Buying and Selling by Quarter for Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR)

Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR) traded down 0.86% during mid-day trading on Friday, reaching $8.08. The company’s stock had a trading volume of 16,143,676 shares. The stock’s 50 day moving average is $8.96 and its 200 day moving average is $9.85. Petroleo Brasileiro S.A.- Petrobras has a one year low of $6.24 and a one year high of $12.56. The firm’s market cap is $52.70 billion.

A number of equities research analysts have weighed in on the company. Credit Suisse Group set a $12.00 target price on Petroleo Brasileiro S.A.- Petrobras and gave the company a “buy” rating in a research report on Sunday, May 28th. ValuEngine raised Petroleo Brasileiro S.A.- Petrobras from a “hold” rating to a “buy” rating in a research report on Saturday, May 27th. Societe Generale raised Petroleo Brasileiro S.A.- Petrobras from a “hold” rating to a “buy” rating in a research report on Friday, March 24th. Zacks Investment Research raised Petroleo Brasileiro S.A.- Petrobras from a “sell” rating to a “hold” rating in a research report on Tuesday, March 21st. Finally, HSBC Holdings plc raised Petroleo Brasileiro S.A.- Petrobras from a “hold” rating to a “buy” rating in a research report on Tuesday, March 28th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and eight have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $10.97.

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Petroleo Brasileiro S.A.- Petrobras Company Profile

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