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Analysts Offer Insights on Energy Companies: Petroleo Brasileiro SA- Petrobras (PBR) and Amplitude Energy (OtherCOPJF)

Tipranks - Tipranks - Fri Mar 27, 6:24PM CDT

There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on Petroleo Brasileiro SA- Petrobras (PBR) and Amplitude Energy (COPJF) with bullish sentiments.

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Petroleo Brasileiro SA- Petrobras (PBR)

In a report released today, Tasso Vasconcellos from UBS assigned a Buy rating to Petroleo Brasileiro SA- Petrobras, with a price target of $22.00. The company’s shares closed last Thursday at $20.33.

According to TipRanks.com, Vasconcellos is ranked #5419 out of 12128 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Petroleo Brasileiro SA- Petrobras with a $19.79 average price target, a -0.9% downside from current levels. In a report issued on March 12, HSBC also maintained a Buy rating on the stock with a $20.00 price target.

See the top stocks recommended by analysts >>

Amplitude Energy (COPJF)

In a report released today, Stuart Howe from Bell Potter maintained a Buy rating on Amplitude Energy, with a price target of A$2.70. The company’s shares closed last Wednesday at $1.89.

Howe has an average return of 26.3% when recommending Amplitude Energy. ;'>

According to TipRanks.com, Howe is ranked #1645 out of 12128 analysts.

Currently, the analyst consensus on Amplitude Energy is a Moderate Buy with an average price target of $1.88, representing a -0.5% downside. In a report released yesterday, Canaccord Genuity also maintained a Buy rating on the stock with a A$1.15 price target.

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