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

  • 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
▲ +0.31 (2.09%)

This chart shows the closing price for PBR by one month, three months, or twelve months.

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Analyst Price Target for PBR

Analyst Price Target is $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.

This chart shows the closing price for PBR for the last year in relation to the current analyst high, average, and low pricetarget.

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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

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 1 sell ratings
11/22/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 1 sell ratings
2/20/2021
  • 0 strong buy ratings
  • 5 buy ratings
  • 3 hold ratings
  • 1 sell ratings
5/21/2021
  • 0 strong buy ratings
  • 5 buy ratings
  • 3 hold ratings
  • 1 sell ratings
8/19/2021
  • 0 strong buy ratings
  • 6 buy ratings
  • 3 hold ratings
  • 1 sell ratings
11/17/2021
  • 0 strong buy ratings
  • 6 buy ratings
  • 2 hold ratings
  • 1 sell ratings
2/15/2022
  • 0 strong buy ratings
  • 6 buy ratings
  • 2 hold ratings
  • 0 sell ratings
4/16/2022
  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
5/16/2022

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
3/8/2022Bank of AmericaDowngradeBuy ➝ NeutralLow
12/15/2021The Goldman Sachs GroupUpgradeNeutral ➝ Buy$14.20Medium
11/16/2021HSBCUpgradeHold ➝ BuyMedium
10/14/2021HSBCDowngradeBuy ➝ Hold$12.00Medium
8/5/2021ScotiabankUpgradeSector Perform ➝ Sector Outperform$15.50 ➝ $16.00High
8/5/2021Credit Suisse GroupUpgradeNeutral ➝ Outperform$14.00High
5/28/2021JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$11.00 ➝ $13.00High
5/14/2021Grupo SantanderUpgradeUnderperform ➝ Hold$11.00Low
5/14/2021Itau BBA SecuritiesUpgradeMarket Perform ➝ Outperform$14.00Low
4/22/2021JPMorgan Chase & Co.UpgradeUnderweight ➝ Neutral$11.00Medium
4/20/2021The Goldman Sachs GroupReiterated RatingBuy ➝ Neutral$10.30Medium
4/14/2021The Goldman Sachs GroupDowngradeBuy ➝ Neutral$10.30High
3/15/2021Bank of AmericaUpgradeUnderperform ➝ NeutralLow
2/22/2021Grupo SantanderDowngradeBuy ➝ HoldHigh
2/22/2021UBS GroupDowngradeNeutral ➝ Underperform$13.00 ➝ $9.00High
2/22/2021Credit Suisse GroupDowngradeOutperform ➝ UnderperformHigh
2/22/2021Bank of AmericaDowngradeBuy ➝ Underperform$11.00High
2/22/2021JPMorgan Chase & Co.DowngradeOverweight ➝ Underweight$17.00 ➝ $9.00High
2/22/2021ScotiabankDowngradeSector Outperform ➝ Sector Perform$15.25 ➝ $14.00High
2/8/2021Bradesco CorretoraDowngradeOutperform ➝ NeutralLow
7/22/2020ScotiabankBoost Price TargetSector Outperform$12.50 ➝ $13.00Low
5/18/2020Raymond JamesDowngradeMarket Perform ➝ UnderperformHigh
5/14/2020Bank of AmericaDowngradeBuy ➝ Neutral$10.00 ➝ $7.50Medium
5/8/2020Bradesco CorretoraUpgradeNeutral ➝ OutperformMedium
4/29/2020ScotiabankUpgradeSector Perform ➝ OutperformHigh
4/17/2020Bank of AmericaLower Price TargetBuy$11.00 ➝ $10.00High
7/11/2019The Goldman Sachs GroupInitiated CoverageBuy ➝ BuyMedium
7/8/2019CitigroupReiterated RatingBuy ➝ Buy$20.20 ➝ $23.00Medium
7/3/2019Bank of AmericaInitiated CoverageBuy$21.00Low
4/8/2019Credit Suisse GroupUpgradeNeutral ➝ Outperform$15.00 ➝ $21.00Medium
3/14/2019HSBCUpgradeHold ➝ BuyLow
2/12/2019UBS GroupUpgradeNeutral ➝ BuyLow
1/31/2019Credit Suisse GroupReiterated RatingHold$15.00High
1/10/2019BarclaysDowngradeOverweight ➝ Underweight$17.00Low
12/6/2018Credit Suisse GroupReiterated RatingHold$15.00Low
11/26/2018UBS GroupUpgradeMarket Perform ➝ OutperformMedium
11/5/2018Credit Suisse GroupSet Price TargetHold$15.00Low
10/30/2018Credit Suisse GroupSet Price TargetHold$15.00Medium
10/23/2018Morgan StanleyUpgradeEqual Weight ➝ Overweight$22.00Low
10/8/2018UBS GroupUpgradeNeutral ➝ OutperformHigh
10/8/2018SantanderUpgradeHold ➝ BuyHigh
10/8/2018Bank of AmericaUpgradeNeutral ➝ Buy$20.00High
10/8/2018JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$14.00 ➝ $17.00Low
9/6/2018Credit Suisse GroupSet Price TargetHold$15.00Low
8/8/2018Societe GeneraleBoost Price TargetHold$11.00 ➝ $13.50Medium
7/11/2018BarclaysUpgradeUnderweight ➝ Overweight$14.00Medium
6/11/2018Raymond JamesUpgradeUnderperform ➝ Market PerformLow
6/8/2018UBS GroupDowngradeBuy ➝ NeutralLow
6/4/2018Credit Suisse GroupSet Price TargetHold$15.00Medium
6/4/2018Societe GeneraleDowngradeBuy ➝ HoldLow
6/1/2018JPMorgan Chase & Co.DowngradeOverweight ➝ NeutralHigh
5/30/2018SantanderDowngradeBuy ➝ HoldLow
5/24/2018UBS GroupDowngradeOutperform ➝ Market PerformHigh
5/24/2018Morgan StanleyDowngradeOverweight ➝ Equal Weight$13.00High
5/24/2018Credit Suisse GroupDowngradeOutperform ➝ Hold$11.00High
5/24/2018Bank of AmericaDowngradeBuy ➝ NeutralHigh
5/10/2018Bank of AmericaUpgradeNeutral ➝ BuyHigh
5/9/2018Societe GeneraleUpgradeHold ➝ BuyHigh
5/8/2018Credit Suisse GroupSet Price TargetHold$15.00High
4/23/2018Raymond JamesDowngradeMarket Perform ➝ Underperform$14.30Medium
4/22/2018Credit Suisse GroupSet Price TargetHold$15.00Low
3/12/2018Credit Suisse GroupReiterated RatingHold$15.00Low
2/1/2018The Goldman Sachs GroupUpgradeSell ➝ NeutralMedium
1/29/2018Credit Suisse GroupSet Price TargetHold$15.00Medium
1/23/2018HSBCDowngradeBuy ➝ HoldLow
1/18/2018Credit Suisse GroupDowngradeHold$12.00Low
12/25/2017Credit Suisse GroupSet Price TargetBuy$12.00Low
10/18/2017Societe GeneraleDowngradeBuy ➝ Hold$10.51 ➝ $11.00N/A
10/10/2017BarclaysSet Price TargetSell$8.00 ➝ $10.00N/A
10/4/2017Raymond JamesReiterated RatingMarket PerformLow
10/4/2017BarclaysReiterated RatingUnderweight$8.00Low
9/15/2017Credit Suisse GroupReiterated RatingBuyLow
9/1/2017Deutsche Bank AktiengesellschaftUpgradeSell ➝ HoldLow
8/15/2017Raymond JamesReiterated RatingMarket PerformLow
8/11/2017Credit Suisse GroupSet Price TargetBuy$12.00Low
8/5/2017Credit Suisse GroupSet Price TargetBuy$12.00Low
7/12/2017BarclaysReiterated RatingUnderweight$11.00 ➝ $8.00High
6/6/2017Credit Suisse GroupSet Price TargetBuy$12.00Low
5/28/2017Credit Suisse GroupSet Price TargetBuy$12.00Medium
(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

Skip to Current Sentiment Summary
  • 9 very positive mentions
  • 7 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
10/19/2021
  • 6 very positive mentions
  • 6 positive mentions
  • 5 negative mentions
  • 9 very negative mentions
11/18/2021
  • 9 very positive mentions
  • 5 positive mentions
  • 2 negative mentions
  • 1 very negative mentions
12/18/2021
  • 2 very positive mentions
  • 8 positive mentions
  • 4 negative mentions
  • 2 very negative mentions
1/17/2022
  • 9 very positive mentions
  • 4 positive mentions
  • 4 negative mentions
  • 3 very negative mentions
2/16/2022
  • 17 very positive mentions
  • 6 positive mentions
  • 6 negative mentions
  • 5 very negative mentions
3/18/2022
  • 10 very positive mentions
  • 15 positive mentions
  • 4 negative mentions
  • 9 very negative mentions
4/17/2022
  • 14 very positive mentions
  • 11 positive mentions
  • 5 negative mentions
  • 4 very negative mentions
5/17/2022

Current Sentiment

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

Recent Stories by Sentiment

Petróleo Brasileiro S.A. - Petrobras logo
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.
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Today's Range

Now: $15.16
Low: $14.94
High: $15.22

50 Day Range

MA: $14.21
Low: $13.01
High: $15.96

52 Week Range

Now: $15.16
Low: $9.20
High: $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.

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.