This is what analysts have to say about Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) after last week.

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Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) Ratings Coverage

Among 2 analysts covering Petrobras Brasileiro (NYSE:PBR), 1 have Buy rating, 1 Sell and 0 Hold. Therefore 50% are positive. Petrobras Brasileiro had 6 analyst reports since January 10, 2019 according to SRatingsIntel. The rating was downgraded by Barclays Capital to “Underweight” on Thursday, January 10. The firm has “Outperform” rating by Credit Suisse given on Monday, April 8. Below is a list of Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) latest ratings and price target changes.

01/05/2019 Broker: BidaskScore Rating: Buy Downgrade
10/04/2019 Broker: BidaskScore Rating: Buy Upgrade
08/04/2019 Broker: Credit Suisse Old Rating: Neutral New Rating: Outperform Old Target: $15 New Target: $21 Upgrade
19/03/2019 Broker: BidaskScore Rating: Buy Upgrade
09/03/2019 Broker: BidaskScore Rating: Hold Downgrade
10/01/2019 Broker: Barclays Capital Old Rating: Overweight New Rating: Underweight Old Target: $19 New Target: $17 Downgrade

The stock decreased 2.82% or $0.39 during the last trading session, reaching $13.46. About 17.57M shares traded. Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) has risen 12.40% since May 17, 2018 and is uptrending. It has outperformed by 8.03% the S&P500.

Petróleo Brasileiro S.A. – Petrobras operates in the oil, natural gas, and energy industries. The company has market cap of $85.06 billion. The companyÂ’s Exploration and Production segment engages in the exploration, development, and production of crude oil, natural gas liquids, and natural gas; and sale of surplus crude oil and oil products produced in the natural gas processing plants to the domestic and international markets. It currently has negative earnings. The Company’s Refining, Transportation and Marketing segment is involved in refining, logistics, transport, and trading of crude oil and oil products; exportation of ethanol; and extraction and processing of shale, as well as holding interests in petrochemical companies.

More notable recent Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) news were published by: Seekingalpha.com which released: “Petrobras: Back From The Depths – Seeking Alpha” on March 12, 2019, also Fool.com with their article: “Why Petrobras Stock Popped 10% – Motley Fool” published on January 02, 2019, Seekingalpha.com published: “Chevron deal for Pasadena refinery finally completed after delay – Seeking Alpha” on May 01, 2019. More interesting news about Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) were released by: Finance.Yahoo.com and their article: “The Firm Floor Under Oil Prices – Yahoo Finance Australia” published on April 19, 2019 as well as Seekingalpha.com‘s news article titled: “Brazil’s Most Valuable Company: Petrobras Is Back – Seeking Alpha” with publication date: October 10, 2018.

Petróleo Brasileiro S.A. - Petrobras (NYSE:PBR) Ratings Chart

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