# Brazilian Petroleum (PBR) — Analyst Forecast

PBR · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/pbr/forecast

## Recent analyst ratings

| Date | Firm | Action | Rating | Price target |
| --- | --- | --- | --- | --- |
| Sep 23, 2026 | UBS | Maintained | Buy | $23.00 |
| Sep 1, 2026 | JP Morgan | Maintained | Overweight | $24.00 |
| Jun 3, 2026 | JP Morgan | Maintained | Overweight | $23.00 |
| Apr 17, 2026 | B of A Securities | Upgraded | Neutral → Buy | $24.80 |
| Mar 13, 2026 | Jefferies | Downgraded | Buy → Hold | $19.00 |
| Feb 11, 2026 | Goldman Sachs | Maintained | Buy | $15.00 |
| Jan 14, 2026 | UBS | Maintained | Buy | $14.60 |
| Aug 22, 2025 | UBS | Maintained | Buy | $14.40 |
| May 15, 2025 | Jefferies | Upgraded | Hold → Buy | $15.30 |
| Nov 12, 2024 | Goldman Sachs | Maintained | Buy | $17.00 |
| Sep 25, 2024 | JP Morgan | Upgraded | Neutral → Overweight | $19.00 |
| Aug 26, 2024 | Morgan Stanley | Upgraded | Equal-Weight → Overweight | $20.00 |
| Aug 19, 2024 | UBS | Maintained | Buy | $18.10 |
| Aug 13, 2024 | Goldman Sachs | Maintained | Buy | $16.70 |
| Jun 27, 2024 | B of A Securities | Upgraded | Neutral → Buy | $17.90 |
| May 15, 2024 | Jefferies | Downgraded | Buy → Hold | $17.70 |
| Mar 25, 2024 | HSBC | Upgraded | Hold → Buy | $18.00 |
| Mar 25, 2024 | UBS | Maintained | Buy | $17.40 |
| Mar 12, 2024 | Goldman Sachs | Maintained | Buy | $17.60 |
| Mar 8, 2024 | B of A Securities | Downgraded | Buy → Neutral | $16.00 |

## Frequently Asked Questions

### What is the latest analyst rating on PBR?

On Sep 23, 2026, UBS maintained Brazilian Petroleum at Buy with a price target of $23.00.

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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.

Data provided by [AInvest](https://www.ainvest.com).