Consensus Petrobras

Equities

PETR4

BRPETRACNPR6

Market Closed - Sao Paulo 04:07:43 2024-03-28 pm EDT 5-day change 1st Jan Change
37.36 BRL +2.81% Intraday chart for Petrobras +4.65% +0.32%

Evolution of the average Target Price on Petrobras

Price target over the last 5 years

History of analyst recommendation changes

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UBS Raises Petroleo Brasileiro S.A.- Petrobras Price Target to $17.40 From $17.20, Maintains Buy Rating MT
HSBC Upgrades Petrobras to Buy From Hold, Price Target at $18 MT
Goldman Sachs Adjusts Price Target on Petrobras to $17.60 From $19.70, Maintains Buy Rating MT
Brazil, Mexico stocks reach record highs after interest rate decisions RE
Powell's Restrictive Stand on Rate Hikes Pushes Equities Slightly Higher Friday Afternoon MT
UBS Adjusts Petroleo Brasileiro S.A.- Petrobras Price Target to $17.20 From $17.50, Maintains Buy Rating MT
Investors Expecting Fed Rate Cuts; RBA Governor Strikes Hawkish Tone DJ
Latam assets slip on commodity weakness; Poland surprises with steady rates RE
Brazil's consumer prices forecast to have risen faster in Sept - Reuters poll RE
Jefferies Initiates Petrobras With Buy Rating, Price Target is $21.20 MT
Fed Rate Optimism, Auto Strike Leave Exchange-Traded Funds, Equity Futures Mixed Premarket Friday MT
Bradesco Upgrades Petrobras to Outperform From Neutral, Price Target is $15 MT
UBS Upgrades Petroleo Brasileiro S.A.- Petrobras to Buy From Neutral, Adjusts Price Target to $17.50 From $13.10 MT
Mexico's Pemex the biggest liquidity worry among peers - Fitch RE
BofA Securities Upgrades Petroleo Brasileiro S.A.- Petrobras to Buy From Neutral, Adjusts Price Target to $18 From $13 MT
HSBC Downgrades Petroleo Brasileiro Petrobras to Hold From Buy, Price Target is $13 MT
Citigroup Downgrades Petrobras to Neutral From Buy, Cuts Price Target to $14 From $19 MT
JPMorgan Downgrades Petrobras to Neutral From Overweight, Adjusts Price Target to $14.50 From $15 MT
Bradesco Downgrades Petrobras to Neutral From Outperform, Price Target is $10 MT
Brazil likely registered deflation in June, adding to rate cut case RE
US Equities Rise Even as Bets for Fed Interest-Rate Increase in July Remain Elevated MT
Goldman Sachs Upgrades Petrobras to Buy From Neutral MT
Goldman Sachs Adjusts Price Target on Petrobras to $13 From $12.50, Maintains Neutral Rating MT
JPMorgan Upgrades Petrobras to Overweight From Neutral, Adjusts Price Target to $15.50 From $11.50 MT
Morgan Stanley Upgrades Petrobras to Overweight From Equalweight, Adjusts Price Target to $16.50 From $12.50 MT
More recommendations

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
10
Last Close Price
36.55 BRL
Average target price
40.7 BRL
Spread / Average Target
+11.37%
High Price Target
45 BRL
Spread / Highest target
+23.12%
Low Price Target
34 BRL
Spread / Lowest Target
-6.98%

Consensus detail

Consensus revision (last 18 months)

Analysts covering Petrobras

UBS
HSBC
Goldman Sachs
Jefferies & Co.
Bradesco
BofA Securities
Citigroup
JPMorgan Chase
Morgan Stanley
Scotiabank
Itau BBA
Banco Santander
J.P. Morgan Chase
Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings