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Petrobras Brasileiro

PBRNYSE
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$14.07
-0.21-1.47%
Pre-Market: 8:49 AM EDT
The dividend Ex-Date is in 11 days
Consensus Rating1
Buy
Highest Price Target1
$20.00
Lowest Price Target1
$14.00
Consensus Price Target1
$17.27

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

Petroleo Brasileiro SA Petrobras has a consensus price target of $17.27 based on the ratings of 11 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 Goldman Sachs, JP Morgan, and Morgan Stanley on November 12, 2024, September 25, 2024, and August 26, 2024, respectively. With an average price target of $18.67 between Goldman Sachs, JP Morgan, and Morgan Stanley, there's an implied 32.67% upside for Petroleo Brasileiro SA Petrobras from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Jun
3
Aug
1
Sep
1
Nov
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.9
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Goldman Sachs
JP Morgan
Morgan Stanley
UBS
B of A Securities

1calculated from analyst ratings

Analyst Ratings for Petrobras Brasileiro

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Petrobras Brasileiro (PBR) stock?

A

The latest price target for Petrobras Brasileiro (NYSE:PBR) was reported by Goldman Sachs on November 12, 2024. The analyst firm set a price target for $17.00 expecting PBR to rise to within 12 months (a possible 20.82% upside). 11 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Petrobras Brasileiro (PBR)?

A

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

Q

When was the last upgrade for Petrobras Brasileiro (PBR)?

A

The last upgrade for Petroleo Brasileiro SA Petrobras happened on September 25, 2024 when JP Morgan raised their price target to $19. JP Morgan previously had a neutral for Petroleo Brasileiro SA Petrobras.

Q

When was the last downgrade for Petrobras Brasileiro (PBR)?

A

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.

Q

When is the next analyst rating going to be posted or updated for Petrobras Brasileiro (PBR)?

A

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 November 12, 2024 so you should expect the next rating to be made available sometime around November 12, 2025.

Q

Is the Analyst Rating Petrobras Brasileiro (PBR) correct?

A

While ratings are subjective and will change, the latest Petrobras Brasileiro (PBR) rating was a maintained with a price target of $15.40 to $17.00. The current price Petrobras Brasileiro (PBR) is trading at is $14.07, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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