Petroleo Brasileiro Stock Target Price and Analyst Consensus

PBR Stock  USD 15.58  0.11  0.70%   
The current analyst and expert consensus on Petroleo Brasileiro is Buy with 9 hold recommendations. The current projected Petroleo Brasileiro target price consensus is 16.47 with 15 analyst opinions. One of the most common ways Petroleo Brasileiro analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Petroleo Brasileiro vendors, executives, and/or customers. Petroleo Brasileiro recommendation module provides expert sentiment on the projected Petroleo Brasileiro target price to derive its highest and lowest estimates based on target price standard deviation of 0.0. Check out Macroaxis Advice on Petroleo Brasileiro to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast
14.99
Highest Forecast
18.28
Target Price
16.47
As of 04/19/2024, Gross Profit is likely to drop to about 36 B. In addition to that, Pretax Profit Margin is likely to drop to 0.19. At this time, Petroleo Brasileiro's Common Stock Shares Outstanding is relatively stable compared to the past year. As of 04/19/2024, Short Term Investments is likely to grow to about 11 B, while Total Current Liabilities is likely to drop slightly above 27.7 B.
  
It's important to approach Petroleo Brasileiro's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Petroleo Brasileiro price targets

Petroleo Brasileiro's stock target price is an estimate of its future price, usually made by analysts. Using Petroleo Brasileiro's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Petroleo Brasileiro's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Petroleo Brasileiro's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Petroleo Brasileiro Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Petroleo Brasileiro is a key component of Petroleo Brasileiro valuation and have some predictive power on the future returns of a Petroleo Brasileiro.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Petroleo Brasileiro's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
13.3815.5817.78
Details
Intrinsic
Valuation
LowRealHigh
11.1113.3117.14
Details
Naive
Forecast
LowNextHigh
12.5714.7816.98
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.720.900.98
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Petroleo Brasileiro. Your research has to be compared to or analyzed against Petroleo Brasileiro's peers to derive any actionable benefits. When done correctly, Petroleo Brasileiro's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Petroleo Brasileiro.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Momentum Idea
Momentum
Invested over 70 shares
Manufacturing Idea
Manufacturing
Invested over 40 shares
Power Assets Idea
Power Assets
Invested over 200 shares
Banking Idea
Banking
Invested over 30 shares
Adviser Favorites Idea
Adviser Favorites
Invested few shares
Investor Favorites Idea
Investor Favorites
Invested over 200 shares
Warren Buffett Holdings Idea
Warren Buffett Holdings
Invested few shares
Automobiles and Trucks Idea
Automobiles and Trucks
Invested over 200 shares
When determining whether Petroleo Brasileiro is a strong investment it is important to analyze Petroleo Brasileiro's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Petroleo Brasileiro's future performance. For an informed investment choice regarding Petroleo Stock, refer to the following important reports:
Check out Macroaxis Advice on Petroleo Brasileiro to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Note that the Petroleo Brasileiro information on this page should be used as a complementary analysis to other Petroleo Brasileiro's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.

Complementary Tools for Petroleo Stock analysis

When running Petroleo Brasileiro's price analysis, check to measure Petroleo Brasileiro's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Petroleo Brasileiro is operating at the current time. Most of Petroleo Brasileiro's value examination focuses on studying past and present price action to predict the probability of Petroleo Brasileiro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Petroleo Brasileiro's price. Additionally, you may evaluate how the addition of Petroleo Brasileiro to your portfolios can decrease your overall portfolio volatility.
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The data published in Petroleo Brasileiro's official financial statements usually reflect Petroleo Brasileiro's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Petroleo Brasileiro. For example, before you start analyzing numbers published by Petroleo accountants, it's critical to develop an understanding of what Petroleo Brasileiro's liquidity, profitability, and earnings quality are in the context of the Oil, Gas & Consumable Fuels space in which it operates.
Please note, the presentation of Petroleo Brasileiro's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Petroleo Brasileiro's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Petroleo Brasileiro's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Petroleo Brasileiro Petrobras. Please utilize our Beneish M Score to check the likelihood of Petroleo Brasileiro's management manipulating its earnings.