After hours

Petroleo Brasileiro S.A. Petrobras ADS

PBR · NYSE

Analyst Consensus

Buy

8 analysts

$21

Current

—

Low

$24

Average

—

High

Average target implies +13.22% versus the current price.

Analyst Ratings Synthesis

The supplied consensus is Buy across eight analysts, with a stated mean price target of $24 and no reported high or low, so the target range and degree of analyst dispersion cannot be established. Other supplied sources report different aggregate averages: MarketBeat gives $20.97 and TipRanks gives $22.33, but their dates and calculation bases are not provided. Those figures do not identify the most or least bullish analyst, and no named analyst targets are included. The evidence also contains no ratings or target revisions during the week, so the direction of recent revisions and the substantive reasons for disagreement among analysts cannot be determined.

Rating Actions

No individual rating actions have been captured for PBR yet. Consensus figures above come from Nasdaq's aggregate feed.

Rating actions are extracted from published reporting. Each row links to its source.

Research Reports

Links to freely available third-party research. Outlook labels are our classification of each article's stance, not a rating of our own.

Covering Firms

B OF A GLBL RES

CITIGROUP

GOLDMAN SACHS

HSBC GLOBAL RES

JEFFERIES & CO.

JP MORGAN SECUR

MORGAN STANLEY

UBS

Symbol: PBR
Type: Stock
Sector: Energy
Industry: Oil & Gas Production
Country: South America
Exchange: NYSE

Petrobras is a Brazil-based integrated energy company controlled by the Brazilian government. The company focuses on exploration and production for oil and gas in Brazilian offshore fields. Production in 2021 was 2.8 million barrels of oil equivalent a day (83% oil production), and reserves stood at 9.9 billion boe (85% oil). At year-end 2021, Petrobras operated 12 refineries in Brazil with capacity of 1.9 million barrels a day and distributes refined products and natural gas throughout Brazil.