Petrobras Brasileiro Stock (NYSE:PBR), Analyst Ratings, Price Targets, Predictions

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 4.38% upside). 16 analyst firms have reported ratings in the last year.

The latest analyst rating for Petrobras Brasileiro (NYSE: PBR) was provided by UBS, and Petrobras Brasileiro maintained their buy rating.

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.

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.

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.

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 $16.67, which is out of the analyst’s predicted range.