Petroleo Brasileiro S.A.- Petrobras (PBR) Earns News Impact Rating of 0.23

News coverage about Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR) has been trending somewhat positive this week, Accern Sentiment reports. The research group rates the sentiment of news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Petroleo Brasileiro S.A.- Petrobras earned a daily sentiment score of 0.23 on Accern’s scale. Accern also gave media coverage about the oil and gas exploration company an impact score of 45.0789578823467 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

Here are some of the headlines that may have impacted Accern Sentiment’s rankings:

Shares of Petroleo Brasileiro S.A.- Petrobras (NYSE PBR) traded up 1.75% during midday trading on Tuesday, hitting $10.47. The firm’s market capitalization is $68.29 billion. The company has a 50-day moving average price of $9.87 and a 200-day moving average price of $9.08. Petroleo Brasileiro S.A.- Petrobras has a 12 month low of $7.61 and a 12 month high of $12.56.

Several equities research analysts have commented on the company. ValuEngine lowered Petroleo Brasileiro S.A.- Petrobras from a “buy” rating to a “hold” rating in a research note on Thursday, August 17th. BidaskClub downgraded Petroleo Brasileiro S.A.- Petrobras from a “hold” rating to a “sell” rating in a research report on Wednesday, August 16th. Barclays PLC upped their target price on Petroleo Brasileiro S.A.- Petrobras from $8.00 to $10.00 and gave the stock an “underweight” rating in a research report on Tuesday. Zacks Investment Research downgraded Petroleo Brasileiro S.A.- Petrobras from a “hold” rating to a “sell” rating in a research report on Tuesday. Finally, Raymond James Financial, Inc. reaffirmed a “market perform” rating on shares of Petroleo Brasileiro S.A.- Petrobras in a research report on Tuesday, August 15th. Two analysts have rated the stock with a sell rating, five have given a hold rating and six have assigned a buy rating to the stock. Petroleo Brasileiro S.A.- Petrobras presently has a consensus rating of “Hold” and an average target price of $10.36.

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Petroleo Brasileiro S.A.- Petrobras Company Profile

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