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Petrobras Appoints Bruno Moretti as New Chairman of the Board

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Petrobras Appoints Bruno Moretti as New Chairman of the Board

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Petroleo Brasileiro SA- Petrobras ( (PBR) ) has issued an announcement.

On August 21, 2025, Petrobras announced the appointment of Mr. Bruno Moretti as the new Chairman of the Board of Directors. This decision, made during a board meeting, is expected to influence the company’s strategic direction and governance. Mr. Moretti brings extensive experience in economics and government roles, which may impact Petrobras’s operations and stakeholder relations positively.

The most recent analyst rating on (PBR) stock is a Hold with a $13.00 price target. To see the full list of analyst forecasts on Petroleo Brasileiro SA- Petrobras stock, see the PBR Stock Forecast page.

Spark’s Take on PBR Stock

According to Spark, TipRanks’ AI Analyst, PBR is a Neutral.

Petrobras’ overall score is driven by its strong valuation and positive earnings call, highlighting production growth and strategic execution. However, bearish technical indicators and challenges in revenue growth and cash flow weigh on the score.

To see Spark’s full report on PBR stock, click here.

More about Petroleo Brasileiro SA- Petrobras

Petrobras, or Petróleo Brasileiro S.A., is a Brazilian petroleum corporation primarily engaged in the oil and gas industry. The company focuses on exploration, production, refining, and transportation of oil and gas, positioning itself as a significant player in the global energy market.

Average Trading Volume: 23,028,212

Technical Sentiment Signal: Hold

Current Market Cap: $73.19B

Learn more about PBR stock on TipRanks’ Stock Analysis page.

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