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Petroleo Brasileiro S.A.- Petrobras American Depositary Shares

PBR.ANYSE
$13.28
-0.06-0.45%
After Hours: 9:29 AM EDT
15 minutes delayed
Consensus Rating1
Buy
Highest Price Target1
$18.00
Lowest Price Target1
$14.00
Consensus Price Target1
$16.51

Petroleo Brasileiro S.A.- Petrobras American Depositary Shares (NYSE:PBR/A) Stock, Analyst Ratings, Price Targets, Forecasts

Petroleo Brasileiro S.A.- Petrobras American Depositary Shares has a consensus price target of $16.51 based on the ratings of 12 analysts. The high is $18 issued by HSBC on March 25, 2024. The low is $14 issued by Citigroup on August 10, 2023. The 3 most-recent analyst ratings were released by B of A Securities, Jefferies, and UBS on June 27, 2024, May 15, 2024, and March 25, 2024, respectively. With an average price target of $17.67 between B of A Securities, Jefferies, and UBS, there's an implied 32.63% upside for Petroleo Brasileiro S.A.- Petrobras American Depositary Shares from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Mar
0
0
0
0
May
0
0
0
0
Jun
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.5
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

B of A Securities
Jefferies
UBS
HSBC
Goldman Sachs

1calculated from analyst ratings

Analyst Ratings for Petroleo Brasileiro S.A.- Petrobras American Depositary Shares

Buy NowGet Alert
06/27/2024Buy Now34.38%B of A Securities
Caio Ribeiro
$16.8 → $17.9UpgradeNeutral → BuyGet Alert
05/15/2024Buy Now32.88%Jefferies
Alejandro Demichelis
$21.2 → $17.7DowngradeBuy → HoldGet Alert
03/25/2024Buy Now30.63%UBS
Luiz Carvalho
$17.2 → $17.4MaintainsBuyGet Alert
03/25/2024Buy Now35.14%HSBC
Lilyanna Yang
→ $18UpgradeHold → BuyGet Alert
03/12/2024Buy Now32.13%Goldman Sachs
Bruno Amorim
$19.7 → $17.6MaintainsBuyGet Alert
03/08/2024Buy Now20.12%B of A Securities
Caio Ribeiro
→ $16DowngradeBuy → NeutralGet Alert
09/21/2023Buy Now59.16%Jefferies
Alejandro Demichelis
→ $21.2Initiates → BuyGet Alert
09/08/2023Buy Now12.61%Bradesco Corretora
Vicente Falanga
→ $15UpgradeNeutral → OutperformGet Alert
08/24/2023Buy Now31.38%UBS
Luiz Carvalho
$13.1 → $17.5UpgradeNeutral → BuyGet Alert
08/23/2023Buy NowB of A Securities
Frank McGann
UpgradeNeutral → BuyGet Alert
08/10/2023Buy Now-2.4%HSBC
Lilyanna Yang
→ $13DowngradeBuy → HoldGet Alert
08/10/2023Buy Now5.11%Citigroup
Gabriel Barra
$19 → $14DowngradeBuy → NeutralGet Alert
07/27/2023Buy Now-24.92%Bradesco Corretora
Vicente Falanga
→ $10MaintainsNeutralGet Alert
06/21/2023Buy Now35.89%Goldman Sachs
Bruno Amorim
UpgradeNeutral → BuyGet Alert
06/13/2023Buy Now-2.4%Goldman Sachs
Bruno Amorim
$12.5 → $13MaintainsNeutralGet Alert
06/12/2023Buy Now16.37%JP Morgan
Rodolfo Angele
$11.5 → $15.5UpgradeNeutral → OverweightGet Alert
06/07/2023Buy Now23.87%Morgan Stanley
Bruno Montanari
$12.5 → $16.5UpgradeEqual-Weight → OverweightGet Alert
05/15/2023Buy Now-6.16%Goldman Sachs
Bruno Amorim
$10.9 → $12.5MaintainsNeutralGet Alert
12/21/2022Buy Now-17.42%Goldman Sachs
Bruno Amorim
$13.6 → $11MaintainsNeutralGet Alert
11/04/2022Buy NowGoldman Sachs
Bruno Amorim
DowngradeBuy → NeutralGet Alert
10/31/2022Buy Now5.11%JP Morgan
Rodolfo Angele
$20 → $14DowngradeOverweight → NeutralGet Alert
10/27/2022Buy Now10.36%Goldman Sachs
Bruno Amorim
$13 → $14.7MaintainsBuyGet Alert
10/17/2022Buy Now20.12%Credit Suisse
Regis Cardoso
$20 → $16DowngradeOutperform → NeutralGet Alert
12/16/2021Buy NowGoldman Sachs
Bruno Amorim
UpgradeNeutral → BuyGet Alert
11/16/2021Buy NowHSBC
Lilyanna Yang
UpgradeHold → BuyGet Alert
10/14/2021Buy NowHSBC
Lilyanna Yang
DowngradeBuy → HoldGet Alert
08/05/2021Buy Now20.12%ScotiabankUpgradeSector Perform → Sector OutperformGet Alert

FAQ

Q

What is the target price for Petroleo Brasileiro S.A.- Petrobras American Depositary Shares (PBR/A) stock?

A

The latest price target for Petroleo Brasileiro S.A.- Petrobras American Depositary Shares (NYSE:PBR/A) was reported by B of A Securities on June 27, 2024. The analyst firm set a price target for $17.90 expecting PBR/A to rise to within 12 months (a possible 34.38% upside). 13 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Petroleo Brasileiro S.A.- Petrobras American Depositary Shares (PBR/A)?

A

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

Q

When was the last upgrade for Petroleo Brasileiro S.A.- Petrobras American Depositary Shares (PBR/A)?

A

The last upgrade for Petroleo Brasileiro S.A.- Petrobras American Depositary Shares happened on June 27, 2024 when B of A Securities raised their price target to $17.9. B of A Securities previously had a neutral for Petroleo Brasileiro S.A.- Petrobras American Depositary Shares.

Q

When was the last downgrade for Petroleo Brasileiro S.A.- Petrobras American Depositary Shares (PBR/A)?

A

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.

Q

When is the next analyst rating going to be posted or updated for Petroleo Brasileiro S.A.- Petrobras American Depositary Shares (PBR/A)?

A

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 June 27, 2024 so you should expect the next rating to be made available sometime around June 27, 2025.

Q

Is the Analyst Rating Petroleo Brasileiro S.A.- Petrobras American Depositary Shares (PBR/A) correct?

A

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 $16.80 to $17.90. The current price Petroleo Brasileiro S.A.- Petrobras American Depositary Shares (PBR/A) is trading at is $13.32, which is out of the analyst’s predicted range.

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