Where is Petróleo Brasileiro S.A. – Petrobras (PBR) Headed?

1 week ago 5

Noor Ul Ain Rehman

Fri, January 2, 2026 astatine 8:44 AM CST 2 min read

Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) is 1 of the apical cheap stocks nether $20 to bargain now. On December 16, Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) announced a strategical concern statement successful the onshore renewable vigor conception done the acquisition of 49.99% of Lightsource bp’s subsidiaries successful Brazil. Structured arsenic a associated task with shared absorption betwixt Lightsource bp and Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR), the concern aims astatine processing profitable renewable vigor projects and bolstering the beingness of the 2 companies successful the Brazilian renewable vigor sector.

Is Petroleo Brasileiro (PBR) the Best-Falling Stock to Buy According to Analysts?

Management reported that Lightsource bp would adhd to the associated task done its pipeline, which not lone includes 1-1.5 GW of projects successful much precocious improvement stages but besides little mature projects successful Brazil, on with the Milagres star parkland successful Abaiara, successful Ceará, 1 of the largest successful the authorities and operational since 2023 with 212 MWp (megawatt) of installed capacity. The inaugural frankincense marks a strategical measurement for Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) successful the star powerfulness procreation segment.

In a abstracted development, Goldman Sachs reiterated a Buy standing connected Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) connected December 8 and reduced the terms people to $13.30 from $14.20. In different study released connected December 4, Bank of America Securities reaffirmed a Hold standing connected the banal and acceptable a terms people of BRL37.00.

Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) is progressive successful exploration, production, and organisation activities involving lipid and gas. The company’s operations are divided into the pursuing segments: Exploration and Production; Refining, Transportation, and Marketing; and Gas and Low Carbon Energies.

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Disclosure: None. This nonfiction is primitively published at Insider Monkey.