Petrobras, as the company is known, said its financing contracts are unaffected by the deterioration of the company's credit risk status by ratings agencies.
(Reporting by Reese Ewing; Editing by Lisa Shumaker)
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5-day change | 1st Jan Change | ||
37.27 BRL | +2.56% | +4.43% | +0.11% |
Mar. 25 | UBS Raises Petroleo Brasileiro S.A.- Petrobras Price Target to $17.40 From $17.20, Maintains Buy Rating | MT |
Mar. 25 | HSBC Upgrades Petrobras to Buy From Hold, Price Target at $18 | MT |
SAO PAULO (Reuters) - Brazil's state-run oil company Petroleo Brasileiro SA said on Thursday that its financing is sufficient to fund projects in the medium term, despite the downgrade of the company's credit rating by Standard & Poor's.
Petrobras, as the company is known, said its financing contracts are unaffected by the deterioration of the company's credit risk status by ratings agencies.
(Reporting by Reese Ewing; Editing by Lisa Shumaker)
1st Jan change | Capi. | |
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+0.11% | 96.22B | |
-6.82% | 1,987B | |
+29.65% | 223B | |
+2.08% | 213B | |
-11.10% | 77.57B | |
-.--% | 50.66B | |
-4.56% | 50.36B | |
+17.31% | 46.88B | |
+22.15% | 36.98B | |
-.--% | 36.1B |