Companhia de Saneamento Básico do Estado de São Paulo – SABESP (NYSE:SBS) is among the 11 most profitable stocks in each sector so far in 2026. As of March 6, Companhia de Saneamento Básico do Estado de São Paulo – SABESP (NYSE:SBS) is a consensus buy among 93% of the analysts covering the stock. The 1-year median price target of $31.08 reflects an upside potential of mere 2.68%. On March 19, Jefferies started coverage with a Buy rating and a price target of $36.60, being one of the firms bullish on the company.
The firm believes that Companhia de Saneamento Básico do Estado de São Paulo – SABESP has the potential to enhance operational efficiency and accelerate water and sewage coverage under favorable regulatory conditions. That said, Jefferies expects the company’s regulatory asset base to climb 70% by 2029.
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As stated by analyst Alejandro Demichelis,
“We launch on Brazil’s largest water utility Sabesp at Buy with a US$36.6/BRL190 PT. While the stock has performed well YTD, to us the market still under-appreciates its scope to ramp up operational efficiencies and water/sewage coverage under supportive regulation.”
Companhia de Saneamento Básico do Estado de São Paulo – SABESP is a Brazilian company that provides basic and environmental sanitation services. Founded in 1954, the company offers treated water and sewage services.
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