Analyst Price Target is $14.00
▲ +14.43% Upside Potential
This price target is based on 7 analysts offering 12 month price targets for Petróleo Brasileiro S.A. - Petrobras in the last 3 months. The average price target is $14.00, with a high forecast of $16.00 and a low forecast of $11.00. The average price target represents a 14.43% upside from the last price of $12.24.
Current Consensus is
The current consensus among 7 polled investment analysts is to hold stock in Petróleo Brasileiro S.A. - Petrobras. This Hold consensus rating has held steady for over two years.
Petróleo Brasileiro SA engages in oil and gas exploration, production, and distribution activities. It operates through the following segments: Exploration and Production; Refining, Transportation, and Marketing; Gas and Power; and Corporate and Other Business. The Exploration and Production segment involves crude oil, natural gas liquids, and natural gas exploration, development, and production. The Refining, Transportation and Marketing segment involves refining, logistics, transportation, trading operations, oil products and crude oil exports and imports, and petrochemical investments. The Gas and Power segment includes transportation and trading of natural and liquefied natural gas, the generation and trading of electric power, and the fertilizer business. The Corporate and Other Business segment comprises the financing activities not attributable to other segments including corporate financial management, and central administrative overhead and actuarial expenses. The company was founded on October 3, 1953 and is headquartered in Rio de Janeiro, Brazil.