$17.08
0.4468[2.69%]
At close: Apr 26
$17.08
0[0.00%]
After Hours: 7:15PM EDT
Petrobras Brasileiro
(NYSE:PBR)Petrobras Brasileiro Stock (NYSE:PBR), Analyst Ratings, Price Targets, Predictions
Petroleo Brasileiro SA Petrobras has a consensus price target of $15.27, established from looking at the 26 latest analyst ratings. The last 3 analyst ratings were released from UBS, HSBC, and Goldman Sachs on March 25, 2024, March 25, 2024, and March 12, 2024. With an average price target of $17.67 between UBS, HSBC, and Goldman Sachs, there's an implied 3.43% upside for Petroleo Brasileiro SA Petrobras from these 3 analyst ratings.
Analyst Firms Making Recommendations1
UBS
HSBC
Goldman Sachs
B of A Securities
Jefferies
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Petrobras Brasileiro
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 03/25/2024 | PBR | Buy Now | Petrobras Brasileiro | $17.08 | 1.87% | UBS | Luiz Carvalho | $17.2 → $17.4 | Maintains | Buy | Get Alert |
| 03/25/2024 | PBR | Buy Now | Petrobras Brasileiro | $17.08 | 5.39% | HSBC | Lilyanna Yang | → $18 | Upgrade | Hold → Buy | Get Alert |
| 03/12/2024 | PBR | Buy Now | Petrobras Brasileiro | $17.08 | 3.04% | Goldman Sachs | Bruno Amorim | $19.7 → $17.6 | Maintains | Buy | Get Alert |
| 03/08/2024 | PBR | Buy Now | Petrobras Brasileiro | $17.08 | -6.32% | B of A Securities | Caio Ribeiro | → $16 | Downgrade | Buy → Neutral | Get Alert |
| 09/21/2023 | PBR | Buy Now | Petrobras Brasileiro | $17.08 | 24.12% | Jefferies | Alejandro Demichelis | → $21.2 | Initiates | → Buy | Get Alert |
| 09/08/2023 | PBR | Buy Now | Petrobras Brasileiro | $17.08 | -12.18% | Bradesco Corretora | Vicente Falanga | → $15 | Upgrade | Neutral → Outperform | Get Alert |
| 08/24/2023 | PBR | Buy Now | Petrobras Brasileiro | $17.08 | 2.46% | UBS | Luiz Carvalho | $13.1 → $17.5 | Upgrade | Neutral → Buy | Get Alert |
| 08/23/2023 | PBR | Buy Now | Petrobras Brasileiro | $17.08 | — | B of A Securities | Frank McGann | — | Upgrade | Neutral → Buy | Get Alert |
| 08/10/2023 | PBR | Buy Now | Petrobras Brasileiro | $17.08 | -23.89% | HSBC | Lilyanna Yang | → $13 | Downgrade | Buy → Hold | Get Alert |
| 08/10/2023 | PBR | Buy Now | Petrobras Brasileiro | $17.08 | -18.03% | Citigroup | Gabriel Barra | $19 → $14 | Downgrade | Buy → Neutral | Get Alert |
| 07/27/2023 | PBR | Buy Now | Petrobras Brasileiro | $17.08 | -41.45% | Bradesco Corretora | Vicente Falanga | → $10 | Maintains | Neutral | Get Alert |
| 06/21/2023 | PBR | Buy Now | Petrobras Brasileiro | $17.08 | 5.97% | Goldman Sachs | Bruno Amorim | — | Upgrade | Neutral → Buy | Get Alert |
| 06/13/2023 | PBR | Buy Now | Petrobras Brasileiro | $17.08 | -23.89% | Goldman Sachs | Bruno Amorim | $12.5 → $13 | Maintains | Neutral | Get Alert |
| 06/12/2023 | PBR | Buy Now | Petrobras Brasileiro | $17.08 | -9.25% | JP Morgan | Rodolfo Angele | $11.5 → $15.5 | Upgrade | Neutral → Overweight | Get Alert |
| 06/07/2023 | PBR | Buy Now | Petrobras Brasileiro | $17.08 | -3.4% | Morgan Stanley | Bruno Montanari | $12.5 → $16.5 | Upgrade | Equal-Weight → Overweight | Get Alert |
| 05/15/2023 | PBR | Buy Now | Petrobras Brasileiro | $17.08 | -26.81% | Goldman Sachs | Bruno Amorim | $10.9 → $12.5 | Maintains | Neutral | Get Alert |
| 12/21/2022 | PBR | Buy Now | Petrobras Brasileiro | $17.08 | -35.6% | Goldman Sachs | Bruno Amorim | $13.6 → $11 | Maintains | Neutral | Get Alert |
| 11/04/2022 | PBR | Buy Now | Petrobras Brasileiro | $17.08 | — | Goldman Sachs | Bruno Amorim | — | Downgrade | Buy → Neutral | Get Alert |
| 10/31/2022 | PBR | Buy Now | Petrobras Brasileiro | $17.08 | -18.03% | JP Morgan | Rodolfo Angele | $20 → $14 | Downgrade | Overweight → Neutral | Get Alert |
FAQ
What is the target price for Petrobras Brasileiro (PBR)?
The latest price target for Petrobras Brasileiro (NYSE: PBR) was reported by UBS on March 25, 2024. The analyst firm set a price target for $17.40 expecting PBR to rise to within 12 months (a possible 1.87% upside). 16 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Petrobras Brasileiro (PBR)?
The latest analyst rating for Petrobras Brasileiro (NYSE: PBR) was provided by UBS, and Petrobras Brasileiro maintained their buy rating.
When was the last upgrade for Petrobras Brasileiro (PBR)?
The last upgrade for Petroleo Brasileiro SA Petrobras happened on March 25, 2024 when HSBC raised their price target to $18. HSBC previously had a hold for Petroleo Brasileiro SA Petrobras.
When was the last downgrade for Petrobras Brasileiro (PBR)?
The last downgrade for Petroleo Brasileiro SA Petrobras happened on March 8, 2024 when B of A Securities changed their price target from N/A to $16 for Petroleo Brasileiro SA Petrobras.
When is the next analyst rating going to be posted or updated for Petrobras Brasileiro (PBR)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Petrobras Brasileiro, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Petrobras Brasileiro was filed on March 25, 2024 so you should expect the next rating to be made available sometime around March 25, 2025.
Is the Analyst Rating Petrobras Brasileiro (PBR) correct?
While ratings are subjective and will change, the latest Petrobras Brasileiro (PBR) rating was a maintained with a price target of $17.20 to $17.40. The current price Petrobras Brasileiro (PBR) is trading at is $17.08, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.