The latest price target for Petroleo Brasileiro S.A.- Petrobras American Depositary Shares (NYSE:PBR/A) was reported by Morgan Stanley on August 26, 2024. The analyst firm set a price target for $20.00 expecting PBR/A to rise to within 12 months (a possible 51.06% upside). 10 analyst firms have reported ratings in the last year.

The latest analyst rating for Petroleo Brasileiro S.A.- Petrobras American Depositary Shares (NYSE:PBR/A) was provided by Morgan Stanley, and Petroleo Brasileiro S.A.- Petrobras American Depositary Shares upgraded their overweight rating.

The last upgrade for Petroleo Brasileiro S.A.- Petrobras American Depositary Shares happened on August 26, 2024 when Morgan Stanley raised their price target to $20. Morgan Stanley previously had an equal-weight for Petroleo Brasileiro S.A.- Petrobras American Depositary Shares.

The last downgrade for Petroleo Brasileiro S.A.- Petrobras American Depositary Shares happened on May 15, 2024 when Jefferies changed their price target from $21.2 to $17.7 for Petroleo Brasileiro S.A.- Petrobras American Depositary Shares.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Petroleo Brasileiro S.A.- Petrobras American Depositary Shares, 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 Petroleo Brasileiro S.A.- Petrobras American Depositary Shares was filed on August 26, 2024 so you should expect the next rating to be made available sometime around August 26, 2025.

While ratings are subjective and will change, the latest Petroleo Brasileiro S.A.- Petrobras American Depositary Shares (PBR/A) rating was a upgraded with a price target of $18.00 to $20.00. The current price Petroleo Brasileiro S.A.- Petrobras American Depositary Shares (PBR/A) is trading at is $13.24, which is out of the analyst’s predicted range.