Petróleo Brasileiro S.A. - Petrobras (PBR) Stock Forecast & Price Target

$13.70 -0.08 (-0.54%)

As of 01/17/2025 03:59 PM Eastern

Petróleo Brasileiro S.A. - Petrobras - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates 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 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's 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. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 8 Analyst Ratings

Sell
0

Hold
3

Buy
5

Based on 8 Wall Street analysts who have issued ratings for Petróleo Brasileiro S.A. - Petrobras in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 8 analysts, 3 have given a hold rating, and 5 have given a buy rating for PBR.

Consensus Price Target

$18.24
33.11% Upside

According to the 8 analysts' twelve-month price targets for Petróleo Brasileiro S.A. - Petrobras, the average price target is $18.24. The highest price target for PBR is $20.00, while the lowest price target for PBR is $17.00. The average price target represents a forecasted upside of 33.11% from the current price of $13.71.

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PBR Analyst Ratings Over Time

Type	Current Forecast 1/22/24 to 1/21/25	1 Month Ago 12/23/23 to 12/22/24	3 Months Ago 10/24/23 to 10/23/24	1 Year Ago 1/22/23 to 1/22/24
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	5 Buy rating(s)	5 Buy rating(s)	5 Buy rating(s)	7 Buy rating(s)
Hold	3 Hold rating(s)	3 Hold rating(s)	3 Hold rating(s)	2 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$18.24	$18.24	$18.20	$15.96
Forecasted Upside	33.11% Upside	39.90% Upside	33.33% Upside	1.96% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

PBR Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

PBR Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Petróleo Brasileiro S.A. - Petrobras Stock vs. The Competition

Type	Petróleo Brasileiro S.A. - Petrobras	Oils/Energy Companies	S&P 500
Consensus Rating Score	2.63	2.61	2.52
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	33.11% Upside	1,831.93% Upside	12.44% Upside
News Sentiment Rating	Positive News See Recent PBR News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
11/12/2024	The Goldman Sachs Group 3 of 5 stars		Boost Target	Buy ➝ Buy	$15.40 ➝ $17.00	+24.09%
10/21/2024	Hsbc Global Res 0 of 5 stars	L. Yang Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Strong-Buy ➝ Hold
10/21/2024	HSBC 3 of 5 stars		Downgrade	Buy ➝ Hold
9/25/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Overweight	$16.50 ➝ $19.00	+28.03%
8/26/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Equal Weight ➝ Overweight	$18.00 ➝ $20.00	+38.89%
8/19/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$19.40 ➝ $18.10	+19.08%
6/27/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Buy	$16.80 ➝ $17.90	+26.06%
5/15/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold	$21.20 ➝ $17.70	+6.05%
9/8/2023	Bradesco Corretora Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Outperform	$15.00	+1.35%
8/10/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Neutral	$19.00 ➝ $14.00	+2.90%
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Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 05:50 AM ET.

Should I Buy Petróleo Brasileiro S.A. - Petrobras Stock? PBR Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, January 14, 2025. Please send any questions or comments about these Petróleo Brasileiro S.A. - Petrobras pros and cons to contact@marketbeat.com.

Petróleo Brasileiro S.A. - Petrobras
Bull Case

Here are some ways that investors could benefit from investing in Petróleo Brasileiro S.A. - Petrobras:

The company has a high dividend yield of 18.8%, which can provide substantial income for investors seeking regular cash flow.
Petróleo Brasileiro S.A. - Petrobras has a low price-to-earnings (P/E) ratio of 5.02, indicating that the stock may be undervalued compared to its earnings, potentially offering a bargain for investors.
Recent institutional investments, such as Fisher Asset Management increasing its stake by 13.1%, suggest growing confidence in the company's future performance.
The stock's current price is around $14.03, which is close to its 50-day simple moving average, indicating stability in its recent trading performance.
The company operates in multiple segments, including Exploration and Production, which diversifies its revenue streams and reduces reliance on any single market segment.

Petróleo Brasileiro S.A. - Petrobras
Bear Case

Investors should be bearish about investing in Petróleo Brasileiro S.A. - Petrobras for these reasons:

The company has a relatively high dividend payout ratio of 65.23%, which may indicate that a significant portion of earnings is being distributed as dividends, potentially limiting reinvestment in growth opportunities.
With a beta of 1.41, the stock is more volatile than the market, suggesting that it may experience larger price swings, which could be risky for conservative investors.
Recent cuts to dividends may signal financial strain or a shift in company strategy, which could concern investors about the sustainability of future payouts.
Market cap of $83.74 billion, while substantial, may limit the company's growth potential compared to smaller, more agile competitors in the oil and gas sector.
Fluctuations in oil prices can significantly impact the company's profitability, making it vulnerable to external market conditions beyond its control.

PBR Forecast - Frequently Asked Questions

: According to the research reports of 8 Wall Street equities research analysts, the average twelve-month stock price forecast for Petróleo Brasileiro S.A. - Petrobras is $18.24, with a high forecast of $20.00 and a low forecast of $17.00.
: 8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Petróleo Brasileiro S.A. - Petrobras in the last year. There are currently 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" PBR shares.
: According to analysts, Petróleo Brasileiro S.A. - Petrobras's stock has a predicted upside of 33.11% based on their 12-month stock forecasts.
: Petróleo Brasileiro S.A. - Petrobras has been rated by research analysts at The Goldman Sachs Group in the past 90 days.
: Analysts like Petróleo Brasileiro S.A. - Petrobras more than other "oils/energy" companies. The consensus rating score for Petróleo Brasileiro S.A. - Petrobras is 2.63 while the average consensus rating score for "oils/energy" companies is 2.61. Learn more on how PBR compares to other companies.

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This page (NYSE:PBR) was last updated on 1/21/2025 by MarketBeat.com Staff

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Petróleo Brasileiro S.A. - Petrobras (PBR) Stock Forecast & Price Target