Brazilian Petroleum (PBR) analyst forecast and price target
Analyst forecast
Consensus of 16 analyst ratings
Recent analyst ratings
| Firm | Action | Rating | Price target | Date |
|---|---|---|---|---|
| JP Morgan | Maintained | Overweight | $23.00 from $24.00 | Jun 3, 2026 |
| B of A Securities | Upgraded | Neutral → Buy | $24.80 from $18.70 | Apr 17, 2026 |
| Jefferies | Downgraded | Buy → Hold | $19.00 from $20.30 | Mar 13, 2026 |
| Goldman Sachs | Maintained | Buy | $15.00 from $13.10 | Feb 11, 2026 |
| UBS | Maintained | Buy | $14.60 from $14.40 | Jan 14, 2026 |
| UBS | Maintained | Buy | $14.40 from $15.80 | Aug 22, 2025 |
| Jefferies | Upgraded | Hold → Buy | $15.30 | May 15, 2025 |
| Goldman Sachs | Maintained | Buy | $17.00 from $15.40 | Nov 12, 2024 |
| JP Morgan | Upgraded | Neutral → Overweight | $19.00 from $16.50 | Sep 25, 2024 |
| Morgan Stanley | Upgraded | Equal-Weight → Overweight | $20.00 from $18.00 | Aug 26, 2024 |
| UBS | Maintained | Buy | $18.10 from $19.40 | Aug 19, 2024 |
| Goldman Sachs | Maintained | Buy | $16.70 from $19.30 | Aug 13, 2024 |
| B of A Securities | Upgraded | Neutral → Buy | $17.90 from $16.80 | Jun 27, 2024 |
| Jefferies | Downgraded | Buy → Hold | $17.70 from $21.20 | May 15, 2024 |
| HSBC | Upgraded | Hold → Buy | $18.00 | Mar 25, 2024 |
| UBS | Maintained | Buy | $17.40 from $17.20 | Mar 25, 2024 |
| Goldman Sachs | Maintained | Buy | $17.60 from $19.70 | Mar 12, 2024 |
| B of A Securities | Downgraded | Buy → Neutral | $16.00 | Mar 8, 2024 |
| Jefferies | Initiated Coverage | Buy | $21.20 | Sep 21, 2023 |
| Bradesco Corretora | Upgraded | Neutral → Outperform | $15.00 | Sep 8, 2023 |
Frequently asked questions
Is PBR a buy, sell, or hold?
Analysts covering Brazilian Petroleum currently average a Buy rating: 11 buy, 5 hold and 0 sell, from 16 analysts. Ratings reflect analyst opinion, not investment advice.
What is the latest analyst rating on PBR?
On Jun 3, 2026, JP Morgan maintained Brazilian Petroleum at Overweight with a price target of $23.00.
Analyst ratings and price targets are the opinions of third-party research firms, not of Light Horse Securities. They are estimates about an uncertain future, are frequently wrong, and are neither a recommendation nor a prediction of actual results.
This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.