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

  • Consensus Rating: Hold
  • Consensus Price Target: $10.66
  • Forecasted Upside: 31.28 %
  • Number of Analysts: 9
  • Breakdown:
  • 4 Sell Ratings
  • 5 Hold Ratings
  • 0 Buy Ratings
  • 0 Strong Buy Ratings
$8.12
▲ +0.02 (0.25%)
1 month | 3 months | 12 months
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Analyst Price Target for PBR

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$10.66
▲ +31.28% Upside Potential
This price target is based on 9 analysts offering 12 month price targets for Petróleo Brasileiro S.A. - Petrobras in the last 3 months. The average price target is $10.66, with a high forecast of $14.00 and a low forecast of $9.00. The average price target represents a 31.28% upside from the last price of $8.12.
Hold
The current consensus among 9 contributing investment analysts is to hold stock in Petróleo Brasileiro S.A. - Petrobras. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 3 sell ratings
10/25/2019
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 2 sell ratings
1/23/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
4/22/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 1 sell ratings
7/21/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 1 sell ratings
10/19/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 1 sell ratings
1/17/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 4 hold ratings
  • 4 sell ratings
3/18/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 5 hold ratings
  • 4 sell ratings
4/17/2021

Latest Recommendations

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

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
4/14/2021The Goldman Sachs GroupDowngradeBuy ➝ Neutral$10.30High
i
3/22/2021Bank of AmericaUpgradeUnderperform ➝ NeutralMedium
i
3/15/2021Bank of AmericaUpgradeUnderperform ➝ NeutralLow
i
2/22/2021Grupo SantanderDowngradeBuy ➝ HoldHigh
i
2/22/2021UBS GroupDowngradeNeutral ➝ Underperform$13.00 ➝ $9.00High
i
2/22/2021Credit Suisse GroupDowngradeOutperform ➝ UnderperformHigh
i
2/22/2021Bank of AmericaDowngradeBuy ➝ Underperform$11.00High
i
2/22/2021JPMorgan Chase & Co.DowngradeOverweight ➝ Underweight$17.00 ➝ $9.00High
i
2/22/2021ScotiabankDowngradeSector Outperform ➝ Sector Perform$15.25 ➝ $14.00High
i
2/8/2021Bradesco CorretoraDowngradeOutperform ➝ NeutralLow
i
7/22/2020ScotiabankBoost Price TargetSector Outperform$12.50 ➝ $13.00Low
i
5/18/2020Raymond JamesDowngradeMarket Perform ➝ UnderperformHigh
i
5/14/2020Bank of AmericaDowngradeBuy ➝ Neutral$10.00 ➝ $7.50Medium
i
5/8/2020Bradesco CorretoraUpgradeNeutral ➝ OutperformMedium
i
4/29/2020ScotiabankUpgradeSector Perform ➝ OutperformHigh
i
4/17/2020Bank of AmericaLower Price TargetBuy$11.00 ➝ $10.00High
i
7/11/2019The Goldman Sachs GroupInitiated CoverageBuy ➝ BuyMedium
i
7/8/2019CitigroupReiterated RatingBuy ➝ Buy$20.20 ➝ $23.00Medium
i
7/3/2019Bank of AmericaInitiated CoverageBuy$21.00Low
i
4/8/2019Credit Suisse GroupUpgradeNeutral ➝ Outperform$15.00 ➝ $21.00Medium
i
Rating by Regis Cardoso at Credit Suisse Group AG
3/14/2019HSBCUpgradeHold ➝ BuyLow
i
2/12/2019UBS GroupUpgradeNeutral ➝ BuyLow
i
1/31/2019Credit Suisse GroupReiterated RatingHold$15.00High
i
Rating by Regis Cardoso at Credit Suisse Group AG
1/10/2019BarclaysDowngradeOverweight ➝ Underweight$17.00Low
i
12/6/2018Credit Suisse GroupReiterated RatingHold$15.00Low
i
Rating by Regis Cardoso at Credit Suisse Group AG
11/26/2018UBS GroupUpgradeMarket Perform ➝ OutperformMedium
i
Rating by Luiz Carvalho at UBS Group AG
11/5/2018Credit Suisse GroupSet Price TargetHold$15.00Low
i
Rating by Regis Cardoso at Credit Suisse Group AG
10/30/2018Credit Suisse GroupSet Price TargetHold$15.00Medium
i
Rating by Regis Cardoso at Credit Suisse Group AG
10/23/2018Morgan StanleyUpgradeEqual Weight ➝ Overweight$22.00Low
i
Rating by Bruno Montanari at Morgan Stanley
10/8/2018UBS GroupUpgradeNeutral ➝ OutperformHigh
i
Rating by Luiz Carvalho at UBS Group AG
10/8/2018SantanderUpgradeHold ➝ BuyHigh
i
10/8/2018Bank of AmericaUpgradeNeutral ➝ Buy$20.00High
i
Rating by Frank McGann at Bank of America Co.
10/8/2018JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$14.00 ➝ $17.00Low
i
Rating by Rodolfo Angele at JPMorgan Chase & Co.
9/6/2018Credit Suisse GroupSet Price TargetHold$15.00Low
i
Rating by Regis Cardoso at Credit Suisse Group AG
8/8/2018Societe GeneraleBoost Price TargetHold$11.00 ➝ $13.50Medium
i
7/11/2018BarclaysUpgradeUnderweight ➝ Overweight$14.00Medium
i
6/11/2018Raymond JamesUpgradeUnderperform ➝ Market PerformLow
i
6/8/2018UBS GroupDowngradeBuy ➝ NeutralLow
i
6/4/2018Credit Suisse GroupSet Price TargetHold$15.00Medium
i
Rating by Regis Cardoso at Credit Suisse Group AG
6/4/2018Societe GeneraleDowngradeBuy ➝ HoldLow
i
6/1/2018JPMorgan Chase & Co.DowngradeOverweight ➝ NeutralHigh
i
5/30/2018SantanderDowngradeBuy ➝ HoldLow
i
5/24/2018UBS GroupDowngradeOutperform ➝ Market PerformHigh
i
5/24/2018Morgan StanleyDowngradeOverweight ➝ Equal Weight$13.00High
i
5/24/2018Credit Suisse GroupDowngradeOutperform ➝ Hold$11.00High
i
Rating by Andre Natal at Credit Suisse Group AG
5/24/2018Bank of AmericaDowngradeBuy ➝ NeutralHigh
i
Rating by Frank McGann at Bank of America Co.
5/10/2018Bank of AmericaUpgradeNeutral ➝ BuyHigh
i
5/9/2018Societe GeneraleUpgradeHold ➝ BuyHigh
i
5/8/2018Credit Suisse GroupSet Price TargetHold$15.00High
i
Rating by Andre Natal at Credit Suisse Group AG
4/23/2018Raymond JamesDowngradeMarket Perform ➝ Underperform$14.30Medium
i
4/22/2018Credit Suisse GroupSet Price TargetHold$15.00Low
i
Rating by Andre Natal at Credit Suisse Group AG
3/12/2018Credit Suisse GroupReiterated RatingHold$15.00Low
i
Rating by Andre Natal at Credit Suisse Group AG
2/1/2018The Goldman Sachs GroupUpgradeSell ➝ NeutralMedium
i
1/29/2018Credit Suisse GroupSet Price TargetHold$15.00Medium
i
Rating by Andre Natal at Credit Suisse Group AG
1/23/2018HSBCDowngradeBuy ➝ HoldLow
i
1/18/2018Credit Suisse GroupDowngradeHold$12.00Low
i
Rating by Andre Natal at Credit Suisse Group AG
12/25/2017Credit Suisse GroupSet Price TargetBuy$12.00Low
i
Rating by Andre Natal at Credit Suisse Group AG
10/18/2017Societe GeneraleDowngradeBuy ➝ Hold$10.51 ➝ $11.00N/A
i
10/10/2017BarclaysSet Price TargetSell$8.00 ➝ $10.00N/A
i
10/4/2017Raymond JamesReiterated RatingMarket PerformLow
i
10/4/2017BarclaysReiterated RatingUnderweight$8.00Low
i
9/15/2017Credit Suisse GroupReiterated RatingBuyLow
i
Rating by Andre Natal at Credit Suisse Group AG
9/1/2017Deutsche Bank AktiengesellschaftUpgradeSell ➝ HoldLow
i
8/15/2017Raymond JamesReiterated RatingMarket PerformLow
i
8/11/2017Credit Suisse GroupSet Price TargetBuy$12.00Low
i
Rating by Andre Natal at Credit Suisse Group AG
8/5/2017Credit Suisse GroupSet Price TargetBuy$12.00Low
i
Rating by Andre Natal at Credit Suisse Group AG
7/12/2017BarclaysReiterated RatingUnderweight$11.00 ➝ $8.00High
i
6/6/2017Credit Suisse GroupSet Price TargetBuy$12.00Low
i
Rating by Andre Natal at Credit Suisse Group AG
5/28/2017Credit Suisse GroupSet Price TargetBuy$12.00Medium
i
Rating by Andre Natal at Credit Suisse Group AG
5/15/2017Credit Suisse GroupReiterated RatingBuy$12.00Medium
i
Rating by Andre Natal at Credit Suisse Group AG
5/5/2017Credit Suisse GroupReiterated RatingBuy$12.00High
i
Rating by Andre Natal at Credit Suisse Group AG
4/24/2017Credit Suisse GroupReiterated RatingBuy$11.00Low
i
Rating by Andre Natal at Credit Suisse Group AG
4/18/2017Credit Suisse GroupReiterated RatingBuy$11.00High
i
Rating by Andre Natal at Credit Suisse Group AG
3/24/2017Societe GeneraleUpgradeHold ➝ BuyLow
i
3/22/2017Credit Suisse GroupUpgradeNeutral ➝ Outperform$11.00Medium
i
Rating by Andre Natal at Credit Suisse Group AG
3/16/2017Credit Suisse GroupSet Price TargetHold$11.00High
i
Rating by Andre Natal at Credit Suisse Group AG
3/6/2017Credit Suisse GroupReiterated RatingHold$11.00N/A
i
Rating by Andre Natal at Credit Suisse Group AG
2/13/2017Credit Suisse GroupReiterated RatingHold$11.00N/A
i
Rating by Andre Natal at Credit Suisse Group AG
2/13/2017JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$10.42 ➝ $10.63N/A
i
2/4/2017Credit Suisse GroupSet Price TargetHold$11.00N/A
i
Rating by Andre Natal at Credit Suisse Group AG
2/1/2017BarclaysReiterated RatingUnderweight$11.00N/A
i
12/25/2016Credit Suisse GroupSet Price TargetHold$11.00N/A
i
Rating by Andre Natal at Credit Suisse Group AG
11/30/2016ScotiabankReiterated RatingSector PerformN/A
i
11/17/2016Tudor PickeringDowngradeBuy ➝ HoldN/A
i
11/17/2016Societe GeneraleReiterated RatingHoldN/A
i
11/14/2016ScotiabankInitiated CoverageSector PerformN/A
i
11/10/2016BarclaysReiterated RatingEqual Weight$11.00N/A
i
10/10/2016BarclaysReiterated RatingUnderweight$9.00 ➝ $10.00N/A
i
10/6/2016Morgan StanleyReiterated RatingOverweight$10.00 ➝ $13.00N/A
i
10/5/2016CitigroupUpgradeNeutral ➝ Buy$7.80 ➝ $12.00N/A
i
9/26/2016Credit Suisse GroupLower Price TargetNeutral$11.00 ➝ $8.60N/A
i
Rating by Andre Natal at Credit Suisse Group AG
9/22/2016BarclaysReiterated RatingUnderweight$9.00N/A
i
9/21/2016Raymond JamesUpgradeUnderperform ➝ Market Perform$2.71 ➝ $9.22N/A
i
Rating by Pavel Molchanov at Raymond James
9/15/2016MacquarieUpgradeUnderperform ➝ NeutralN/A
i
9/13/2016Tudor PickeringDowngradeBuy ➝ HoldN/A
i
8/26/2016Credit Suisse GroupUpgradeUnderperform ➝ Neutral$2.00 ➝ $8.60N/A
i
Rating by Andre Natal at Credit Suisse Group AG
8/15/2016BarclaysReiterated RatingUnderweight$9.00N/A
i
8/12/2016Morgan StanleyReiterated RatingOverweight$10.00N/A
i
Rating by Bruno Montanari at Morgan Stanley
7/13/2016BarclaysDowngradeEqual Weight ➝ Underweight$7.50 ➝ $9.00N/A
i
7/7/2016Morgan StanleyUpgradeEqual Weight ➝ Overweight$9.50N/A
i
Rating by Bruno Montanari at Morgan Stanley
6/13/2016Morgan StanleyReiterated RatingEqual WeightN/A
i
Rating by Bruno Montanari at Morgan Stanley
6/13/2016Credit Suisse GroupReiterated RatingSell$2.00N/A
i
Rating by Andre Natal at Credit Suisse Group AG
6/7/2016CitigroupInitiated CoverageReduceN/A
i
5/24/2016JPMorgan Chase & Co.UpgradeUnderweight ➝ Neutral$5.80 ➝ $7.40N/A
i
5/22/2016Credit Suisse GroupReiterated RatingSellN/A
i
Rating by Andre Natal at Credit Suisse Group AG
5/19/2016Raymond JamesDowngradeMarket Perform ➝ UnderperformN/A
i
5/17/2016BarclaysReiterated RatingEqual WeightN/A
i
5/14/2016Credit Suisse GroupReiterated RatingSellN/A
i
Rating by Andre Natal at Credit Suisse Group AG
5/13/2016Bank of AmericaReiterated RatingNeutral$7.50N/A
i
Rating by Frank McGann at Bank of America Co.
5/2/2016Credit Suisse GroupReiterated RatingSellN/A
i
Rating by Andre Natal at Credit Suisse Group AG
(Data available from 4/18/2016 forward)
Petróleo Brasileiro S.A. - Petrobras logo
Petróleo Brasileiro S.A. - Petrobras produce and sells oil and gas in Brazil and internationally. 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 company operates through Exploration and Production; Refining, Transportation and Marketing; Gas and Power; and Corporate and Other Businesses segments. The Exploration and Production segment explores for, develops, and produces crude oil, natural gas liquids, and natural gas primarily for supplies to the its domestic refineries. The Refining, Transportation and Marketing segment is involved in the refining, logistics, transport, 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 engages in the logistic and trading of natural gas and liquid natural gas; generation of electricity through thermoelectric power plants; holding interests in transportation and distribution of natural gas; and fertilizer business operations. The Corporate and Other Businesses segment produces biodiesel and its co-products, and ethanol; and distributes oil products. Petróleo Brasileiro S.A. - Petrobras was founded in 1953 and is headquartered in Rio de Janeiro, Brazil.
Read More

Today's Range

Now: $8.12
$7.91
$8.16

50 Day Range

MA: $8.11
$7.21
$8.49

52 Week Range

Now: $8.12
$5.51
$11.89

Volume

30,800,239 shs

Average Volume

38,180,316 shs

Market Capitalization

$52.96 billion

P/E Ratio

6.88

Dividend Yield

1.06%

Beta

2.04

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., Bradesco Corretora, Credit Suisse Group AG, Grupo Santander, JPMorgan Chase & Co., Raymond James, Scotiabank, The Goldman Sachs Group, Inc., TheStreet, and UBS Group AG.
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 $10.66, suggesting a possible upside of 31.3%. Scotiabank has the highest price target set, predicting PBR will reach $14.00 in the next twelve months. UBS Group AG has the lowest price target set, forecasting a price of $9.00 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 4 sell ratings and 5 hold ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in PBR, but not buy more shares or sell existing shares.
View the latest ratings for PBR.

What other companies compete with 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 55-21-534-4477 and its investor relations email address is [email protected] The official website for Petróleo Brasileiro S.A. - Petrobras is www.petrobras.com.br.