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Petrobras Brasileiro Analyst Ratings and Price Targets | NYSE:PBR | Benzinga
Petroleo Brasileiro SA Petrobras has a consensus price target of $17.23 based on the ratings of 12 analysts. The high is $20 issued by Morgan Stanley on August 26, 2024. The low is $14 issued by Citigroup on August 10, 2023. The 3 most-recent analyst ratings were released by Jefferies, Goldman Sachs, and JP Morgan on May 15, 2025, November 12, 2024, and September 25, 2024, respectively. With an average price target of $17.1 between Jefferies, Goldman Sachs, and JP Morgan, there's an implied 46.28% upside for Petroleo Brasileiro SA Petrobras from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
Jefferies
Goldman Sachs
JP Morgan
B of A Securities
Morgan Stanley
1calculated from analyst ratings
Analyst Ratings for Petrobras Brasileiro
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 05/15/2025 | Buy Now | 30.88% | Jefferies | Alejandro Demichelis55% | → $15.3 | Upgrade | Hold → Buy | Get Alert |
| 11/12/2024 | Buy Now | 45.42% | Goldman Sachs | Bruno Amorim55% | $15.4 → $17 | Maintains | Buy | Get Alert |
| 09/25/2024 | Buy Now | 62.53% | JP Morgan | Rodolfo Angele39% | $16.5 → $19 | Upgrade | Neutral → Overweight | Get Alert |
| 09/18/2024 | Buy Now | 58.25% | B of A Securities | Cai Rumohr69% | $17.9 → $18.5 | Maintains | Buy | Get Alert |
| 08/26/2024 | Buy Now | 71.09% | Morgan Stanley | Bruno Montanari67% | $18 → $20 | Upgrade | Equal-Weight → Overweight | Get Alert |
| 08/19/2024 | Buy Now | 54.83% | UBS | Luiz Carvalho32% | $19.4 → $18.1 | Maintains | Buy | Get Alert |
| 08/13/2024 | Buy Now | 42.86% | Goldman Sachs | Bruno Amorim55% | $19.3 → $16.7 | Maintains | Buy | Get Alert |
| 07/02/2024 | Buy Now | 62.53% | Morgan Stanley | Bruno Montanari67% | $19 → $19 | Reiterates | Equal-Weight → Equal-Weight | Get Alert |
| 06/27/2024 | Buy Now | 53.12% | B of A Securities | Caio Ribeiro43% | $16.8 → $17.9 | Upgrade | Neutral → Buy | Get Alert |
| 06/05/2024 | Buy Now | 65.95% | UBS | Luiz Carvalho32% | $17.4 → $19.4 | Maintains | Buy | Get Alert |
| 05/15/2024 | Buy Now | 51.41% | Jefferies | Alejandro Demichelis55% | $21.2 → $17.7 | Downgrade | Buy → Hold | Get Alert |
| 03/25/2024 | Buy Now | 48.85% | UBS | Luiz Carvalho32% | $17.2 → $17.4 | Maintains | Buy | Get Alert |
| 03/25/2024 | Buy Now | 53.98% | HSBC | Lilyanna Yang27% | → $18 | Upgrade | Hold → Buy | Get Alert |
| 03/12/2024 | Buy Now | 50.56% | Goldman Sachs | Bruno Amorim55% | $19.7 → $17.6 | Maintains | Buy | Get Alert |
| 03/11/2024 | Buy Now | 53.98% | Morgan Stanley | Bruno Montanari67% | $20 → $18 | Downgrade | Overweight → Equal-Weight | Get Alert |
| 03/08/2024 | Buy Now | 36.87% | B of A Securities | Caio Ribeiro43% | $20.2 → $16 | Downgrade | Buy → Neutral | Get Alert |
| 02/07/2024 | Buy Now | 58.25% | JP Morgan | Rodolfo Angele39% | $17 → $18.5 | Maintains | Neutral | Get Alert |
| 11/28/2023 | Buy Now | 47.13% | UBS | Luiz Carvalho32% | $17.5 → $17.2 | Maintains | Buy | Get Alert |
| 09/21/2023 | Buy Now | 81.35% | Jefferies | Alejandro Demichelis55% | → $21.2 | Initiates | → Buy | Get Alert |
| 09/08/2023 | Buy Now | 28.31% | Bradesco Corretora | Vicente Falanga51% | → $15 | Upgrade | Neutral → Outperform | Get Alert |
| 08/24/2023 | Buy Now | 49.7% | UBS | Luiz Carvalho32% | $13.1 → $17.5 | Upgrade | Neutral → Buy | Get Alert |
| 08/23/2023 | Buy Now | 53.98% | B of A Securities | Frank McGann42% | $13 → $18 | Upgrade | Neutral → Buy | Get Alert |
| 08/10/2023 | Buy Now | 11.21% | HSBC | Lilyanna Yang27% | → $13 | Downgrade | Buy → Hold | Get Alert |
| 08/10/2023 | Buy Now | 19.76% | Citigroup | Gabriel Barra11% | $19 → $14 | Downgrade | Buy → Neutral | Get Alert |
| 08/04/2023 | Buy Now | 24.04% | JP Morgan | Rodolfo Angele39% | $15 → $14.5 | Downgrade | Overweight → Neutral | Get Alert |
| 07/31/2023 | Buy Now | 12.92% | B of A Securities | Frank McGann42% | $11 → $13.2 | Maintains | Neutral | Get Alert |
| 07/27/2023 | Buy Now | -14.46% | Bradesco Corretora | Vicente Falanga51% | → $10 | Maintains | Neutral | Get Alert |
| 06/21/2023 | Buy Now | 54.83% | Goldman Sachs | Bruno Amorim55% | $13 → $18.1 | Upgrade | Neutral → Buy | Get Alert |
| 06/13/2023 | Buy Now | 11.21% | Goldman Sachs | Bruno Amorim55% | $12.5 → $13 | Maintains | Neutral | Get Alert |
| 06/12/2023 | Buy Now | 32.59% | JP Morgan | Rodolfo Angele39% | $11.5 → $15.5 | Upgrade | Neutral → Overweight | Get Alert |
| 06/07/2023 | Buy Now | 41.15% | Morgan Stanley | Bruno Montanari67% | $12.5 → $16.5 | Upgrade | Equal-Weight → Overweight | Get Alert |
| 05/15/2023 | Buy Now | 6.93% | Goldman Sachs | Bruno Amorim55% | $10.9 → $12.5 | Maintains | Neutral | Get Alert |
| 12/21/2022 | Buy Now | -5.9% | Goldman Sachs | Bruno Amorim55% | $13.6 → $11 | Maintains | Neutral | Get Alert |
| 11/04/2022 | Buy Now | — | Goldman Sachs | Bruno Amorim55% | — | Downgrade | Buy → Neutral | Get Alert |
| 10/31/2022 | Buy Now | 19.76% | JP Morgan | Rodolfo Angele39% | $20 → $14 | Downgrade | Overweight → Neutral | Get Alert |
| 10/27/2022 | Buy Now | 25.75% | Goldman Sachs | Bruno Amorim55% | $13 → $14.7 | Maintains | Buy | Get Alert |
| 10/17/2022 | Buy Now | 36.87% | Credit Suisse | Regis Cardoso1% | $20 → $16 | Downgrade | Outperform → Neutral | Get Alert |
FAQ
What is the target price for Petrobras Brasileiro (PBR) stock?
The latest price target for Petrobras Brasileiro (NYSE:PBR) was reported by Jefferies on May 15, 2025. The analyst firm set a price target for $15.30 expecting PBR to rise to within 12 months (a possible 30.88% upside). 10 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 Jefferies, and Petrobras Brasileiro upgraded their buy rating.
When was the last upgrade for Petrobras Brasileiro (PBR)?
The last upgrade for Petroleo Brasileiro SA Petrobras happened on May 15, 2025 when Jefferies raised their price target to $15.3. Jefferies 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 May 15, 2024 when Jefferies changed their price target from $21.2 to $17.7 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 May 15, 2025 so you should expect the next rating to be made available sometime around May 15, 2026.
Is the Analyst Rating Petrobras Brasileiro (PBR) correct?
While ratings are subjective and will change, the latest Petrobras Brasileiro (PBR) rating was a upgraded with a price target of $0.00 to $15.30. The current price Petrobras Brasileiro (PBR) is trading at is $11.69, which is within the analyst’s predicted range.
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