$15.51
0.18[1.17%]
At close: May 31
$15.51
0[0.00%]
After Hours: 7:56PM 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 $14.97, established from looking at the 26 latest analyst ratings. The last 3 analyst ratings were released from Jefferies, UBS, and HSBC on May 15, 2024, March 25, 2024, and March 25, 2024. With an average price target of $17.7 between Jefferies, UBS, and HSBC, there's an implied 14.12% upside for Petroleo Brasileiro SA Petrobras from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Jefferies
UBS
HSBC
Goldman Sachs
B of A Securities
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Petrobras Brasileiro
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 05/15/2024 | Buy Now | 14.12% | Jefferies | Alejandro Demichelis | $21.2 → $17.7 | Downgrade | Buy → Hold | Get Alert |
| 03/25/2024 | Buy Now | 12.19% | UBS | Luiz Carvalho | $17.2 → $17.4 | Maintains | Buy | Get Alert |
| 03/25/2024 | Buy Now | 16.05% | HSBC | Lilyanna Yang | → $18 | Upgrade | Hold → Buy | Get Alert |
| 03/12/2024 | Buy Now | 13.48% | Goldman Sachs | Bruno Amorim | $19.7 → $17.6 | Maintains | Buy | Get Alert |
| 03/08/2024 | Buy Now | 3.16% | B of A Securities | Caio Ribeiro | → $16 | Downgrade | Buy → Neutral | Get Alert |
| 09/21/2023 | Buy Now | 36.69% | Jefferies | Alejandro Demichelis | → $21.2 | Initiates | → Buy | Get Alert |
| 09/08/2023 | Buy Now | -3.29% | Bradesco Corretora | Vicente Falanga | → $15 | Upgrade | Neutral → Outperform | Get Alert |
| 08/24/2023 | Buy Now | 12.83% | UBS | Luiz Carvalho | $13.1 → $17.5 | Upgrade | Neutral → Buy | Get Alert |
| 08/23/2023 | Buy Now | — | B of A Securities | Frank McGann | — | Upgrade | Neutral → Buy | Get Alert |
| 08/10/2023 | Buy Now | -16.18% | HSBC | Lilyanna Yang | → $13 | Downgrade | Buy → Hold | Get Alert |
| 08/10/2023 | Buy Now | -9.74% | Citigroup | Gabriel Barra | $19 → $14 | Downgrade | Buy → Neutral | Get Alert |
| 07/27/2023 | Buy Now | -35.53% | Bradesco Corretora | Vicente Falanga | → $10 | Maintains | Neutral | Get Alert |
| 06/21/2023 | Buy Now | 16.7% | Goldman Sachs | Bruno Amorim | — | Upgrade | Neutral → Buy | Get Alert |
| 06/13/2023 | Buy Now | -16.18% | Goldman Sachs | Bruno Amorim | $12.5 → $13 | Maintains | Neutral | Get Alert |
| 06/12/2023 | Buy Now | -0.06% | JP Morgan | Rodolfo Angele | $11.5 → $15.5 | Upgrade | Neutral → Overweight | Get Alert |
| 06/07/2023 | Buy Now | 6.38% | Morgan Stanley | Bruno Montanari | $12.5 → $16.5 | Upgrade | Equal-Weight → Overweight | Get Alert |
| 05/15/2023 | Buy Now | -19.41% | Goldman Sachs | Bruno Amorim | $10.9 → $12.5 | Maintains | Neutral | Get Alert |
| 12/21/2022 | Buy Now | -29.08% | Goldman Sachs | Bruno Amorim | $13.6 → $11 | Maintains | Neutral | Get Alert |
| 11/04/2022 | Buy Now | — | Goldman Sachs | Bruno Amorim | — | Downgrade | Buy → Neutral | Get Alert |
| 10/31/2022 | Buy Now | -9.74% | JP Morgan | Rodolfo Angele | $20 → $14 | Downgrade | Overweight → Neutral | Get Alert |
| 10/27/2022 | Buy Now | -5.22% | Goldman Sachs | Bruno Amorim | $13 → $14.7 | Maintains | Buy | Get Alert |
| 10/17/2022 | Buy Now | 3.16% | Credit Suisse | Regis Cardoso | $20 → $16 | Downgrade | Outperform → Neutral | Get Alert |
| 12/16/2021 | Buy Now | — | Goldman Sachs | Bruno Amorim | — | Upgrade | Neutral → Buy | Get Alert |
| 11/16/2021 | Buy Now | — | HSBC | Lilyanna Yang | — | Upgrade | Hold → Buy | Get Alert |
| 10/14/2021 | Buy Now | — | HSBC | Lilyanna Yang | — | Downgrade | Buy → Hold | Get Alert |
| 08/05/2021 | Buy Now | 3.16% | Scotiabank | — | — | Upgrade | Sector Perform → Sector Outperform | Get Alert |
FAQ
What is the target price for Petrobras Brasileiro (PBR)?
The latest price target for Petrobras Brasileiro (NYSE: PBR) was reported by Jefferies on May 15, 2024. The analyst firm set a price target for $17.70 expecting PBR to rise to within 12 months (a possible 14.12% 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 Jefferies, and Petrobras Brasileiro downgraded their hold 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 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, 2024 so you should expect the next rating to be made available sometime around May 15, 2025.
Is the Analyst Rating Petrobras Brasileiro (PBR) correct?
While ratings are subjective and will change, the latest Petrobras Brasileiro (PBR) rating was a downgraded with a price target of $21.20 to $17.70. The current price Petrobras Brasileiro (PBR) is trading at is $15.51, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.