| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 09/21/2023 | 38.29% | Jefferies | → $21.2 | Initiates Coverage On | → Buy |
| 09/08/2023 | -2.15% | Bradesco Corretora | → $15 | Upgrades | Neutral → Outperform |
| 08/24/2023 | 14.16% | UBS | $13.1 → $17.5 | Upgrades | Neutral → Buy |
| 08/23/2023 | — | B of A Securities | Upgrades | Neutral → Buy | |
| 08/10/2023 | -15.2% | HSBC | → $13 | Downgrades | Buy → Hold |
| 08/10/2023 | -8.68% | Citigroup | $19 → $14 | Downgrades | Buy → Neutral |
| 07/27/2023 | -34.77% | Bradesco Corretora | → $10 | Maintains | Neutral |
| 06/21/2023 | 18.07% | Goldman Sachs | $13 → $18.1 | Upgrades | Neutral → Buy |
| 06/13/2023 | -15.2% | Goldman Sachs | $12.5 → $13 | Maintains | Neutral |
| 06/12/2023 | 1.11% | JP Morgan | $11.5 → $15.5 | Upgrades | Neutral → Overweight |
| 06/07/2023 | 7.63% | Morgan Stanley | $12.5 → $16.5 | Upgrades | Equal-Weight → Overweight |
| 05/15/2023 | -18.46% | Goldman Sachs | $10.9 → $12.5 | Maintains | Neutral |
| 12/21/2022 | -28.25% | Goldman Sachs | $13.6 → $11 | Maintains | Neutral |
| 11/04/2022 | — | Goldman Sachs | Downgrades | Buy → Neutral | |
| 10/31/2022 | -8.68% | JP Morgan | $20 → $14 | Downgrades | Overweight → Neutral |
| 10/27/2022 | -4.11% | Goldman Sachs | $13 → $14.7 | Maintains | Buy |
| 10/17/2022 | 4.37% | Credit Suisse | $20 → $16 | Downgrades | Outperform → Neutral |
| 12/16/2021 | — | Goldman Sachs | Upgrades | Neutral → Buy | |
| 11/16/2021 | — | HSBC | Upgrades | Hold → Buy | |
| 10/14/2021 | — | HSBC | Downgrades | Buy → Hold | |
| 08/05/2021 | 4.37% | Scotiabank | $15.5 → $16 | Upgrades | Sector Perform → Sector Outperform |
| 05/28/2021 | — | JP Morgan | Upgrades | Neutral → Overweight | |
| 04/22/2021 | -28.25% | JP Morgan | → $11 | Upgrades | Underweight → Neutral |
| 04/14/2021 | -32.81% | Goldman Sachs | → $10.3 | Downgrades | Buy → Neutral |
| 03/15/2021 | — | B of A Securities | Upgrades | Underperform → Neutral | |
| 07/22/2020 | -15.2% | Scotiabank | $12.5 → $13 | Maintains | Sector Outperform |
| 05/18/2020 | — | Raymond James | Downgrades | Market Perform → Underperform | |
| 05/14/2020 | -51.08% | B of A Securities | $10 → $7.5 | Downgrades | Buy → Neutral |
| 04/17/2020 | -34.77% | B of A Securities | $11 → $10 | Reiterates | → Buy |
| 07/11/2019 | — | Goldman Sachs | Initiates Coverage On | → Buy | |
| 07/03/2019 | 36.99% | B of A Securities | → $21 | Initiates Coverage On | → Buy |
| 04/08/2019 | 36.99% | Credit Suisse | $15 → $21 | Upgrades | Neutral → Outperform |
| 01/10/2019 | 10.89% | Barclays | $19 → $17 | Downgrades | Overweight → Underweight |
| 10/08/2018 | 10.89% | JP Morgan | $14 → $17 | Maintains | Overweight |
| 10/08/2018 | 10.89% | 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 Jefferies on September 21, 2023. The analyst firm set a price target for $21.20 expecting PBR to rise to within 12 months (a possible 38.29% upside). 17 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 Jefferies, and Petrobras Brasileiro initiated their buy 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 September 21, 2023 so you should expect the next rating to be made available sometime around September 21, 2024.
Is the Analyst Rating Petrobras Brasileiro (PBR) correct?
While ratings are subjective and will change, the latest Petrobras Brasileiro (PBR) rating was a initiated with a price target of $0.00 to $21.20. The current price Petrobras Brasileiro (PBR) is trading at is $15.33, which is within the analyst's predicted range.