Wall Street Zen Downgrades Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR) to Hold

Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR) was downgraded by equities research analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research report issued on Saturday.

Several other research analysts also recently weighed in on the company. Weiss Ratings reiterated a “hold (c-)” rating on shares of Petroleo Brasileiro S.A.- Petrobras in a report on Monday, December 29th. Jefferies Financial Group downgraded Petroleo Brasileiro S.A.- Petrobras from a “buy” rating to a “hold” rating and lowered their price objective for the company from $20.30 to $19.00 in a research report on Friday. The Goldman Sachs Group upped their target price on Petroleo Brasileiro S.A.- Petrobras from $13.10 to $15.00 and gave the company a “buy” rating in a research note on Wednesday, February 11th. Finally, UBS Group increased their target price on Petroleo Brasileiro S.A.- Petrobras from $14.40 to $14.60 and gave the stock a “buy” rating in a research report on Wednesday, January 14th. Two research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $16.20.

Petroleo Brasileiro S.A.- Petrobras Stock Performance

NYSE:PBR opened at $18.57 on Friday. The company has a debt-to-equity ratio of 0.76, a current ratio of 0.71 and a quick ratio of 0.57. The firm has a market cap of $119.65 billion, a PE ratio of 6.11, a P/E/G ratio of 0.19 and a beta of 0.51. The firm has a 50 day simple moving average of $15.07 and a 200-day simple moving average of $13.27. Petroleo Brasileiro S.A.- Petrobras has a 1-year low of $11.03 and a 1-year high of $19.29.

Institutional Trading of Petroleo Brasileiro S.A.- Petrobras

Several institutional investors have recently made changes to their positions in the stock. New York State Common Retirement Fund boosted its holdings in Petroleo Brasileiro S.A.- Petrobras by 20.9% in the third quarter. New York State Common Retirement Fund now owns 2,702,467 shares of the oil and gas exploration company’s stock valued at $34,213,000 after acquiring an additional 467,737 shares during the last quarter. ARGA Investment Management LP increased its stake in Petroleo Brasileiro S.A.- Petrobras by 70.4% during the third quarter. ARGA Investment Management LP now owns 18,808,705 shares of the oil and gas exploration company’s stock worth $238,118,000 after acquiring an additional 7,772,595 shares during the last quarter. J. Safra Sarasin Holding AG purchased a new position in shares of Petroleo Brasileiro S.A.- Petrobras in the 3rd quarter worth about $1,342,000. North of South Capital LLP raised its holdings in shares of Petroleo Brasileiro S.A.- Petrobras by 150.9% in the 3rd quarter. North of South Capital LLP now owns 285,373 shares of the oil and gas exploration company’s stock worth $3,613,000 after purchasing an additional 171,649 shares during the period. Finally, Annex Advisory Services LLC lifted its stake in shares of Petroleo Brasileiro S.A.- Petrobras by 7.4% in the 3rd quarter. Annex Advisory Services LLC now owns 1,994,268 shares of the oil and gas exploration company’s stock valued at $25,247,000 after purchasing an additional 137,370 shares in the last quarter.

Key Petroleo Brasileiro S.A.- Petrobras News

Here are the key news stories impacting Petroleo Brasileiro S.A.- Petrobras this week:

• Positive Sentiment: Petrobras will raise diesel prices to distributors by 0.38 reais per liter starting March 14, which should help near‑term revenue and margins after the recent oil shock. Brazil’s Petrobras to raise diesel prices after oil shock
• Positive Sentiment: Petrobras signed a $736 million deal with Oceanica for six offshore support vessels to expand subsea inspection, maintenance and intervention capacity across Brazil’s offshore fields — a capex push that supports sustained production and field uptime. Petrobras Inks $736 Million Offshore Vessel Contracts With Oceanica
• Positive Sentiment: P‑78 FPSO achieved first gas injection just 61 days after first oil, which should lift output at the Buzios pre‑salt field and support production guidance. This operational milestone reduces execution risk on growth projects. Petrobras Achieves Key Milestone With P-78 FPSO’s First Gas Injection
• Positive Sentiment: Goldman Sachs reaffirmed a buy on Petrobras, adding institutional support to the thesis that the company can deliver on upstream growth and cash generation. Goldman Sachs Remains a Buy on Petroleo Brasileiro SA- Petrobras (PBR)
• Neutral Sentiment: Long‑term performance write‑ups highlight how a decade‑long investment in Petrobras would have performed — useful context for long‑term investors but not an immediate price driver. Here’s How Much a $1000 Investment in Petrobras Made 10 Years Ago Would Be Worth Today
• Neutral Sentiment: Macro commentary on Brazil ETF (EWZ) and oil prices underscores that Petrobras remains highly correlated to oil — positive for upside if oil stays elevated, but also increases volatility risk. If Oil Holds Above $90, EWZ Investors Are Going To Be In For A Wild Ride
• Negative Sentiment: Petrobras’ board approved joining Brazil’s newly announced diesel commercialization subsidy program (pending regulator details). Investors often view government subsidy programs as a potential source of political interference or margin constraints unless compensation terms fully protect the company. Petrobras Joins Brazil’s Diesel Subsidy Program to Stabilize Prices
• Negative Sentiment: Jefferies downgraded Petrobras from buy to hold and trimmed its price target to $19 (from $20.30), signaling more cautious near‑term expectations and reducing some analyst momentum. Jefferies downgrades Petrobras

About Petroleo Brasileiro S.A.- Petrobras

Petróleo Brasileiro SA – Petrobras is a Brazilian, state-controlled integrated oil and gas company headquartered in Rio de Janeiro. Founded in 1953, Petrobras is principally engaged in the exploration and production of crude oil and natural gas, and operates across the full value chain from upstream activities through refining, transportation and downstream marketing of petroleum products. The company is a major player in Brazil’s energy sector and is a listed public company with global capital market presence.

Petrobras’s core activities include deepwater and ultra-deepwater exploration and production, where it has been a pioneer in developing pre-salt reserves off Brazil’s coast.