News stories about Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR) have trended positive on Wednesday, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Petroleo Brasileiro S.A.- Petrobras earned a media sentiment score of 0.25 on Accern’s scale. Accern also assigned headlines about the oil and gas exploration company an impact score of 46.4394524204452 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

These are some of the news headlines that may have impacted Accern Sentiment Analysis’s analysis:

Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR) traded down 0.56% on Wednesday, hitting $8.85. 10,400,456 shares of the stock traded hands. The firm’s 50 day moving average is $8.29 and its 200 day moving average is $9.30. The stock’s market cap is $57.72 billion. Petroleo Brasileiro S.A.- Petrobras has a 52 week low of $7.61 and a 52 week high of $12.56.

Several equities research analysts recently issued reports on PBR shares. Credit Suisse Group reaffirmed a “buy” rating and issued a $11.00 price objective on shares of Petroleo Brasileiro S.A.- Petrobras in a research note on Tuesday, April 18th. ValuEngine raised shares of Petroleo Brasileiro S.A.- Petrobras from a “hold” rating to a “buy” rating in a research note on Saturday, May 27th. BidaskClub lowered shares of Petroleo Brasileiro S.A.- Petrobras from a “hold” rating to a “sell” rating in a research report on Friday, June 23rd. Zacks Investment Research raised shares of Petroleo Brasileiro S.A.- Petrobras from a “hold” rating to a “buy” rating and set a $8.75 target price for the company in a research report on Tuesday, July 11th. Finally, Barclays PLC reissued an “underweight” rating and set a $8.00 target price (down previously from $11.00) on shares of Petroleo Brasileiro S.A.- Petrobras in a research report on Wednesday, July 12th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and eight have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $10.51.

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Petroleo Brasileiro S.A.- Petrobras Company Profile

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