Petrobras may exit Brazil exchange's good governance program - Reuters [Seeking Alpha]
Petroleo Brasileiro S.A.- Petrobras (PBR)
US:NYSE Investor Relations:
investidorpetrobras.com.br/en
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Source: Seeking Alpha
Petrobras may exit Brazil exchange's good governance program - Reuters - Petróleo Brasileiro S.A. - Petrobras (NYSE:PBR) | Seeking Alpha Energy Petrobras may exit Brazil exchange's good governance program - Reuters Jul. 12, 2019 3:48 PM ET | Petróleo Brasileiro S.A. - ... (PBR) Carl Surran Petrobras ( +0.7% considering ending its participation Sources say CEO Roberto Castello Branco believes the measures required by the program add little tangible value to the company's compliance efforts and divert resources that could be better used elsewhere, according to the report. PBR says it has improved compliance protocols in recent years and that many requirements of the exchange's program already are part of Brazilian law, so leaving the program would not necessarily weaken its corporate governance. Click to subscribe to real-time analytics on PBR Now read: Oasis Petroleum: A Look At Its 2019 Situation » Subscribe
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News
- Petróleo Brasileiro S.A. - Petrobras (NYSE: PBR) had its price target raised by analysts at UBS Group AG from $17.20 to $17.40. They now have a "buy" rating on the stock.MarketBeat
- Petróleo Brasileiro S.A. - Petrobras (NYSE: PBR) was upgraded by analysts at HSBC Holdings plc from a "hold" rating to a "buy" rating. They now have a $18.00 price target on the stock.MarketBeat
- Petróleo Brasileiro S.A. - Petrobras (NYSE: PBR) was downgraded by analysts at Morgan Stanley from an "overweight" rating to an "equal weight" rating. They now have a $18.00 price target on the stock, down previously from $20.00.MarketBeat
- Petróleo Brasileiro S.A. - Petrobras (NYSE: PBR) was downgraded by analysts at Bank of America Co. from a "buy" rating to a "neutral" rating. They now have a $16.00 price target on the stock.MarketBeat
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PBR
Sec Filings
- 4/19/24 - Form 6-K
- 4/18/24 - Form 6-K
- 4/18/24 - Form 6-K
- PBR's page on the SEC website