PBR stock forecast for 2024 suggests moderate upside potential, with analysts eyeing $17 to $19 as a near-term band, driven by higher crude prices and Petrobras’ steady dividend policy. Petrobras’ P/E ratio remains below industry average, reflecting both value potential and Brazil’s market risks. Buy And Sell Stocks Online - Open An Account Online Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions. The PBR stock forecast remains cautiously optimistic, with geopolitical risk premiums in oil prices acting as a tailwind while domestic policy uncertainty still caps aggressive valuations.