Somewhat Positive Press Coverage Somewhat Unlikely to Impact PetroChina (PTR) Stock Price

News headlines about PetroChina (NYSE:PTR) have trended somewhat positive this week, Accern reports. Accern ranks the sentiment of media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. PetroChina earned a media sentiment score of 0.04 on Accern’s scale. Accern also gave news stories about the oil and gas company an impact score of 45.7555904294677 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

These are some of the media headlines that may have effected Accern’s analysis:

PetroChina (NYSE PTR) traded up $0.41 during midday trading on Friday, hitting $66.32. 68,350 shares of the company were exchanged, compared to its average volume of 92,803. The company has a market cap of $121,379.52, a P/E ratio of 28.96 and a beta of 1.25. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.79 and a quick ratio of 0.56. PetroChina has a twelve month low of $60.69 and a twelve month high of $81.80.

A number of analysts recently commented on PTR shares. Nomura started coverage on shares of PetroChina in a report on Wednesday. They issued a “buy” rating on the stock. Zacks Investment Research upgraded shares of PetroChina from a “hold” rating to a “buy” rating and set a $76.00 target price on the stock in a report on Tuesday, November 7th. Finally, BidaskClub upgraded shares of PetroChina from a “strong sell” rating to a “sell” rating in a report on Friday, August 25th. One research analyst has rated the stock with a sell rating, three have given a hold rating and six have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $76.00.

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PetroChina Company Profile

PetroChina Company Limited is a China-based company principally engaged in the production and distribution of oil and gas. The Company mainly operates through four business segments. The Exploration and Production segment is principally engaged in the exploration, development, production and sales of crude oil and natural gas.

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