NYSE:PBR - Petróleo Brasileiro S.A. - Petrobras Stock Price Target and Predictions

Target and Analyst Ratings
Price Target History
Upgrades and Downgrades
News Sentiment
About
FAQ

Consensus Rating: Buy
Consensus Price Target: $13.84
Forecasted Upside: -8.71 %
Number of Analysts: 6
Breakdown:
0 Sell Ratings
1 Hold Ratings
5 Buy Ratings
0 Strong Buy Ratings

^$15.16 As of 05/17/2022 05:00 PM ET

▲ +0.31 (2.09%)

1 month | 3 months | 12 months

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Analyst Price Target for PBR

^$13.84

▼ -8.71% Downside Potential

This price target is based on 6 analysts offering 12 month price targets for Petróleo Brasileiro S.A. - Petrobras in the last 3 months. The average price target is $13.84, with a high forecast of $16.00 and a low forecast of $12.00. The average price target represents a -8.71% upside from the last price of $15.16.

Current Consensus is Buy

The current consensus among 6 contributing investment analysts is to buy stock in Petróleo Brasileiro S.A. - Petrobras. This rating has held steady since September 2021, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

0 strong buy ratings
1 buy ratings
2 hold ratings
1 sell ratings

Ratings as of

11/22/2020

0 strong buy ratings
1 buy ratings
2 hold ratings
1 sell ratings

Ratings as of

2/20/2021

0 strong buy ratings
5 buy ratings
3 hold ratings
1 sell ratings

Ratings as of

5/21/2021

0 strong buy ratings
5 buy ratings
3 hold ratings
1 sell ratings

Ratings as of

8/19/2021

0 strong buy ratings
6 buy ratings
3 hold ratings
1 sell ratings

Ratings as of

11/17/2021

0 strong buy ratings
6 buy ratings
2 hold ratings
1 sell ratings

Ratings as of

2/15/2022

0 strong buy ratings
6 buy ratings
2 hold ratings
0 sell ratings

Ratings as of

4/16/2022

0 strong buy ratings
5 buy ratings
1 hold ratings
0 sell ratings

Ratings as of

5/16/2022

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price
3/8/2022	Bank of America	Downgrade	Buy ➝ Neutral		Low
12/15/2021	The Goldman Sachs Group	Upgrade	Neutral ➝ Buy	$14.20	Medium
11/16/2021	HSBC	Upgrade	Hold ➝ Buy		Medium
10/14/2021	HSBC	Downgrade	Buy ➝ Hold	$12.00	Medium
8/5/2021	Scotiabank	Upgrade	Sector Perform ➝ Sector Outperform	$15.50 ➝ $16.00	High
8/5/2021	Credit Suisse Group	Upgrade	Neutral ➝ Outperform	$14.00	High
5/28/2021	JPMorgan Chase & Co.	Upgrade	Neutral ➝ Overweight	$11.00 ➝ $13.00	High
5/14/2021	Grupo Santander	Upgrade	Underperform ➝ Hold	$11.00	Low
5/14/2021	Itau BBA Securities	Upgrade	Market Perform ➝ Outperform	$14.00	Low
4/22/2021	JPMorgan Chase & Co.	Upgrade	Underweight ➝ Neutral	$11.00	Medium
4/20/2021	The Goldman Sachs Group	Reiterated Rating	Buy ➝ Neutral	$10.30	Medium
4/14/2021	The Goldman Sachs Group	Downgrade	Buy ➝ Neutral	$10.30	High
3/15/2021	Bank of America	Upgrade	Underperform ➝ Neutral		Low
2/22/2021	Grupo Santander	Downgrade	Buy ➝ Hold		High
2/22/2021	UBS Group	Downgrade	Neutral ➝ Underperform	$13.00 ➝ $9.00	High
2/22/2021	Credit Suisse Group	Downgrade	Outperform ➝ Underperform		High
2/22/2021	Bank of America	Downgrade	Buy ➝ Underperform	$11.00	High
2/22/2021	JPMorgan Chase & Co.	Downgrade	Overweight ➝ Underweight	$17.00 ➝ $9.00	High
2/22/2021	Scotiabank	Downgrade	Sector Outperform ➝ Sector Perform	$15.25 ➝ $14.00	High
2/8/2021	Bradesco Corretora	Downgrade	Outperform ➝ Neutral		Low
7/22/2020	Scotiabank	Boost Price Target	Sector Outperform	$12.50 ➝ $13.00	Low
5/18/2020	Raymond James	Downgrade	Market Perform ➝ Underperform		High
5/14/2020	Bank of America	Downgrade	Buy ➝ Neutral	$10.00 ➝ $7.50	Medium
5/8/2020	Bradesco Corretora	Upgrade	Neutral ➝ Outperform		Medium
4/29/2020	Scotiabank	Upgrade	Sector Perform ➝ Outperform		High
4/17/2020	Bank of America	Lower Price Target	Buy	$11.00 ➝ $10.00	High
7/11/2019	The Goldman Sachs Group	Initiated Coverage	Buy ➝ Buy		Medium
7/8/2019	Citigroup	Reiterated Rating	Buy ➝ Buy	$20.20 ➝ $23.00	Medium
7/3/2019	Bank of America	Initiated Coverage	Buy	$21.00	Low
4/8/2019	Credit Suisse Group	Upgrade	Neutral ➝ Outperform	$15.00 ➝ $21.00	Medium
3/14/2019	HSBC	Upgrade	Hold ➝ Buy		Low
2/12/2019	UBS Group	Upgrade	Neutral ➝ Buy		Low
1/31/2019	Credit Suisse Group	Reiterated Rating	Hold	$15.00	High
1/10/2019	Barclays	Downgrade	Overweight ➝ Underweight	$17.00	Low
12/6/2018	Credit Suisse Group	Reiterated Rating	Hold	$15.00	Low
11/26/2018	UBS Group	Upgrade	Market Perform ➝ Outperform		Medium
11/5/2018	Credit Suisse Group	Set Price Target	Hold	$15.00	Low
10/30/2018	Credit Suisse Group	Set Price Target	Hold	$15.00	Medium
10/23/2018	Morgan Stanley	Upgrade	Equal Weight ➝ Overweight	$22.00	Low
10/8/2018	UBS Group	Upgrade	Neutral ➝ Outperform		High
10/8/2018	Santander	Upgrade	Hold ➝ Buy		High
10/8/2018	Bank of America	Upgrade	Neutral ➝ Buy	$20.00	High
10/8/2018	JPMorgan Chase & Co.	Upgrade	Neutral ➝ Overweight	$14.00 ➝ $17.00	Low
9/6/2018	Credit Suisse Group	Set Price Target	Hold	$15.00	Low
8/8/2018	Societe Generale	Boost Price Target	Hold	$11.00 ➝ $13.50	Medium
7/11/2018	Barclays	Upgrade	Underweight ➝ Overweight	$14.00	Medium
6/11/2018	Raymond James	Upgrade	Underperform ➝ Market Perform		Low
6/8/2018	UBS Group	Downgrade	Buy ➝ Neutral		Low
6/4/2018	Credit Suisse Group	Set Price Target	Hold	$15.00	Medium
6/4/2018	Societe Generale	Downgrade	Buy ➝ Hold		Low
6/1/2018	JPMorgan Chase & Co.	Downgrade	Overweight ➝ Neutral		High
5/30/2018	Santander	Downgrade	Buy ➝ Hold		Low
5/24/2018	UBS Group	Downgrade	Outperform ➝ Market Perform		High
5/24/2018	Morgan Stanley	Downgrade	Overweight ➝ Equal Weight	$13.00	High
5/24/2018	Credit Suisse Group	Downgrade	Outperform ➝ Hold	$11.00	High
5/24/2018	Bank of America	Downgrade	Buy ➝ Neutral		High
5/10/2018	Bank of America	Upgrade	Neutral ➝ Buy		High
5/9/2018	Societe Generale	Upgrade	Hold ➝ Buy		High
5/8/2018	Credit Suisse Group	Set Price Target	Hold	$15.00	High
4/23/2018	Raymond James	Downgrade	Market Perform ➝ Underperform	$14.30	Medium
4/22/2018	Credit Suisse Group	Set Price Target	Hold	$15.00	Low
3/12/2018	Credit Suisse Group	Reiterated Rating	Hold	$15.00	Low
2/1/2018	The Goldman Sachs Group	Upgrade	Sell ➝ Neutral		Medium
1/29/2018	Credit Suisse Group	Set Price Target	Hold	$15.00	Medium
1/23/2018	HSBC	Downgrade	Buy ➝ Hold		Low
1/18/2018	Credit Suisse Group	Downgrade	Hold	$12.00	Low
12/25/2017	Credit Suisse Group	Set Price Target	Buy	$12.00	Low
10/18/2017	Societe Generale	Downgrade	Buy ➝ Hold	$10.51 ➝ $11.00	N/A
10/10/2017	Barclays	Set Price Target	Sell	$8.00 ➝ $10.00	N/A
10/4/2017	Raymond James	Reiterated Rating	Market Perform		Low
10/4/2017	Barclays	Reiterated Rating	Underweight	$8.00	Low
9/15/2017	Credit Suisse Group	Reiterated Rating	Buy		Low
9/1/2017	Deutsche Bank Aktiengesellschaft	Upgrade	Sell ➝ Hold		Low
8/15/2017	Raymond James	Reiterated Rating	Market Perform		Low
8/11/2017	Credit Suisse Group	Set Price Target	Buy	$12.00	Low
8/5/2017	Credit Suisse Group	Set Price Target	Buy	$12.00	Low
7/12/2017	Barclays	Reiterated Rating	Underweight	$11.00 ➝ $8.00	High
6/6/2017	Credit Suisse Group	Set Price Target	Buy	$12.00	Low
5/28/2017	Credit Suisse Group	Set Price Target	Buy	$12.00	Medium

(Data available from 5/17/2017 forward)

News Sentiment Rating

0.49 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

9 very positive mentions
7 positive mentions
2 negative mentions
0 very negative mentions

Mentions as of

10/19/2021

6 very positive mentions
6 positive mentions
5 negative mentions
9 very negative mentions

Mentions as of

11/18/2021

9 very positive mentions
5 positive mentions
2 negative mentions
1 very negative mentions

Mentions as of

12/18/2021

2 very positive mentions
8 positive mentions
4 negative mentions
2 very negative mentions

Mentions as of

1/17/2022

9 very positive mentions
4 positive mentions
4 negative mentions
3 very negative mentions

Mentions as of

2/16/2022

17 very positive mentions
6 positive mentions
6 negative mentions
5 very negative mentions

Mentions as of

3/18/2022

10 very positive mentions
15 positive mentions
4 negative mentions
9 very negative mentions

Mentions as of

4/17/2022

14 very positive mentions
11 positive mentions
5 negative mentions
4 very negative mentions

Mentions as of

5/17/2022

Current Sentiment

Recent Stories by Sentiment

Petróleo Brasileiro S.A. - Petrobras explores for, produces, and sells oil and gas in Brazil and internationally. The company operates through Exploration and Production; Refining, Transportation and Marketing; Gas and Power; and Corporate and Other Businesses segments. It engages in prospecting, drilling, refining, processing, trading, and transporting crude oil from producing onshore and offshore oil fields, and shale or other rocks, as well as oil products, natural gas, and other liquid hydrocarbons. The Exploration and Production segment explores, develops, and produces crude oil, natural gas liquids, and natural gas primarily for supplies to the domestic refineries. The Refining, Transportation and Marketing segment engages in the refining, logistics, transport, marketing, and trading of crude oil and oil products; exportation of ethanol; and extraction and processing of shale, as well as holding interests in petrochemical companies. The Gas and Power segment is involved in the logistic and trading of natural gas and electricity; transportation and trading of LNG; generation of electricity through thermoelectric power plants; holding interests in transportation and distribution of natural gas; and fertilizer production and natural gas processing business. The Corporate and Other Businesses segment produces biodiesel and its co-products, and ethanol; and distributes oil products. Petróleo Brasileiro S.A. - Petrobras was incorporated in 1953 and is headquartered in Rio de Janeiro, Brazil.

Today's Range

Now: $15.16

$14.94

$15.22

50 Day Range

MA: $14.21

$13.01

$15.96

52 Week Range

Now: $15.16

$9.20

$16.09

Volume

22,910,937 shs

Average Volume

33,942,164 shs

Market Capitalization

$98.88 billion

P/E Ratio

3.49

Dividend Yield

17.44%

Beta

1.44

Frequently Asked Questions

What sell-side analysts currently cover shares of Petróleo Brasileiro S.A. - Petrobras?: The following Wall Street sell-side analysts have issued reports on Petróleo Brasileiro S.A. - Petrobras in the last year: Bank of America Co., Credit Suisse Group AG, HSBC Holdings plc, JPMorgan Chase & Co., Scotiabank, StockNews.com, The Goldman Sachs Group, Inc., and Zacks Investment Research.
View the latest analyst ratings for PBR.
What is the current price target for Petróleo Brasileiro S.A. - Petrobras?: 5 Wall Street analysts have set twelve-month price targets for Petróleo Brasileiro S.A. - Petrobras in the last year. Their average twelve-month price target is $13.84, suggesting a possible downside of 6.8%. Scotiabank has the highest price target set, predicting PBR will reach $16.00 in the next twelve months. HSBC Holdings plc has the lowest price target set, forecasting a price of $12.00 for Petróleo Brasileiro S.A. - Petrobras in the next year.
View the latest price targets for PBR.
What is the current consensus analyst rating for Petróleo Brasileiro S.A. - Petrobras?: Petróleo Brasileiro S.A. - Petrobras currently has 1 hold rating and 5 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe PBR will outperform the market and that investors should add to their positions of Petróleo Brasileiro S.A. - Petrobras.
View the latest ratings for PBR.
What other companies compete with Petróleo Brasileiro S.A. - Petrobras?: Other companies that are similar to Petróleo Brasileiro S.A. - Petrobras include Shell, TotalEnergies, EOG Resources, Canadian Natural Resources, Pioneer Natural Resources, Occidental Petroleum, ENI, Devon Energy, Cenovus Energy, Ecopetrol, Coterra Energy, Diamondback Energy, Woodside Petroleum, Continental Resources and Hong Kong and China Gas. Learn More about companies similar to Petróleo Brasileiro S.A. - Petrobras.
How do I contact Petróleo Brasileiro S.A. - Petrobras' investor relations team?: Petróleo Brasileiro S.A. - Petrobras' physical mailing address is AVENIDA REPUBLICA DO CHILE 65, RIO DE JANERIO RJ BR D5, 20031-912. The oil and gas exploration company's listed phone number is 552132244477 and its investor relations email address is [email protected] The official website for Petróleo Brasileiro S.A. - Petrobras is www.petrobras.com.br. Learn More about contacing Petróleo Brasileiro S.A. - Petrobras investor relations.

NYSE:PBR - Petróleo Brasileiro S.A. - Petrobras Stock Price Target and Predictions

Analyst Price Target for PBR

Current Consensus is Buy

Past Monthly Recommendations

Latest Recommendations

News Sentiment Rating

0.49 (Hold)

News Sentiment Over Time

Current Sentiment

Recent Stories by Sentiment

Very Negative

Negative

Positive

Very Positive

Today's Range

50 Day Range

52 Week Range

Volume

Average Volume

Market Capitalization

P/E Ratio

Dividend Yield

Beta

Frequently Asked Questions

What sell-side analysts currently cover shares of Petróleo Brasileiro S.A. - Petrobras?

What is the current price target for Petróleo Brasileiro S.A. - Petrobras?

What is the current consensus analyst rating for Petróleo Brasileiro S.A. - Petrobras?

What other companies compete with Petróleo Brasileiro S.A. - Petrobras?

How do I contact Petróleo Brasileiro S.A. - Petrobras' investor relations team?