Petrobras Seeks Involvement in Braskem Stake Sale Proceedings

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

On July 24, 2025, Petrobras announced its request to join as a third party in the merger review proceedings concerning the potential purchase of shares in NSP Inv., a subsidiary of Novonor S.A., by Nelson Tanure. This move is based on Petrobras’ preemptive and tag-along rights under the Braskem Shareholders’ Agreement with Novonor. The company is awaiting a decision from the Administrative Council for Economic Defense (CADE) and has not yet made any decisions regarding its stake in Braskem, emphasizing that any investment or divestment decisions will be made following thorough analysis and governance practices.

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 Outperform.

Petrobras shows strong profitability and attractive valuation, supported by a robust dividend yield. While technical indicators are neutral, the company is managing challenges from declining oil prices and increased debt through strategic initiatives discussed in the earnings call.

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

More about Petroleo Brasileiro SA- Petrobras

Petrobras, officially known as Petróleo Brasileiro S.A., is a Brazilian petroleum corporation primarily engaged in the oil and gas industry. The company focuses on the exploration, production, refining, and distribution of oil and gas products, playing a significant role in the energy market in Brazil and internationally.

Average Trading Volume: 21,960,888

Technical Sentiment Signal: Strong Buy

Current Market Cap: $77.73B

For a thorough assessment of PBR stock, go to TipRanks’ Stock Analysis page.