share_log

Petrobras Brasileiro Analyst Ratings

Benzinga ·  Jul 27, 2023 05:13
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating
07/27/2023 -31.22% Bradesco Corretora → $10 Downgrades Outperform → Neutral
06/21/2023 24.48% Goldman Sachs $13 → $18.1 Upgrades Neutral → Buy
06/13/2023 -10.59% Goldman Sachs $12.5 → $13 Maintains Neutral
06/12/2023 6.6% JP Morgan $11.5 → $15.5 Upgrades Neutral → Overweight
06/07/2023 13.48% Morgan Stanley $12.5 → $16.5 Upgrades Equal-Weight → Overweight
05/15/2023 -14.03% Goldman Sachs $10.9 → $12.5 Maintains Neutral
12/21/2022 -24.35% Goldman Sachs $13.6 → $11 Maintains Neutral
11/04/2022 Goldman Sachs Downgrades Buy → Neutral
10/31/2022 -3.71% JP Morgan $20 → $14 Downgrades Overweight → Neutral
10/27/2022 1.1% Goldman Sachs $13 → $14.7 Maintains Buy
10/17/2022 10.04% Credit Suisse $20 → $16 Downgrades Outperform → Neutral
12/16/2021 Goldman Sachs Upgrades Neutral → Buy
08/05/2021 10.04% Scotiabank $15.5 → $16 Upgrades Sector Perform → Sector Outperform
05/28/2021 JP Morgan Upgrades Neutral → Overweight
04/22/2021 -24.35% JP Morgan → $11 Upgrades Underweight → Neutral
04/14/2021 -29.16% Goldman Sachs → $10.3 Downgrades Buy → Neutral
03/15/2021 B of A Securities Upgrades Underperform → Neutral
07/22/2020 -10.59% Scotiabank $12.5 → $13 Maintains Sector Outperform
05/18/2020 Raymond James Downgrades Market Perform → Underperform
05/14/2020 -48.42% B of A Securities $10 → $7.5 Downgrades Buy → Neutral
04/17/2020 -31.22% B of A Securities $11 → $10 Reiterates → Buy
07/11/2019 Goldman Sachs Initiates Coverage On → Buy
07/03/2019 44.43% B of A Securities → $21 Initiates Coverage On → Buy
04/08/2019 44.43% Credit Suisse $15 → $21 Upgrades Neutral → Outperform
01/10/2019 16.92% Barclays $19 → $17 Downgrades Overweight → Underweight
10/08/2018 16.92% JP Morgan $14 → $17 Maintains Overweight
10/08/2018 16.92% JP Morgan $14 → $17 Upgrades Neutral → Overweight
10/08/2018 B of A Securities Upgrades Neutral → Buy

What is the target price for Petrobras Brasileiro (PBR)?

The latest price target for Petrobras Brasileiro (NYSE: PBR) was reported by Bradesco Corretora on July 27, 2023. The analyst firm set a price target for $10.00 expecting PBR to fall to within 12 months (a possible -31.22% downside). 11 analyst firms have reported ratings in the last year.

What is the most recent analyst rating for Petrobras Brasileiro (PBR)?

The latest analyst rating for Petrobras Brasileiro (NYSE: PBR) was provided by Bradesco Corretora, and Petrobras Brasileiro downgraded their neutral rating.

When is the next analyst rating going to be posted or updated for Petrobras Brasileiro (PBR)?

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Petrobras Brasileiro, 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 Petrobras Brasileiro was filed on July 27, 2023 so you should expect the next rating to be made available sometime around July 27, 2024.

Is the Analyst Rating Petrobras Brasileiro (PBR) correct?

While ratings are subjective and will change, the latest Petrobras Brasileiro (PBR) rating was a downgraded with a price target of $0.00 to $10.00. The current price Petrobras Brasileiro (PBR) is trading at is $14.54, which is out of the analyst's predicted range.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment