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 analysts covering the stock. The 1-year average price target of $31.08 reflects an upside potential of just 2.68%. On March 19, Jefferies initiated coverage with a Buy rating and a $36.60 price target, being one of the bullish firms on the company.
The firm believes that Companhia de Saneamento Básico do Estado de São Paulo – SABESP (NYSE:SBS) has the potential to improve operational efficiency and accelerate water and sewage coverage under favorable regulatory conditions. That said, Jefferies expects the company’s regulatory asset base to increase 70% by 2029.
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As the analyst Alejandro Demichelis states,
“We launched Brazil’s largest water company, Sabesp, at Buy with an asking price of US$36.6/BRL190 PT. While the stock has performed well to date, for us the market still underestimates its scope to increase operational efficiency and water/sewer coverage under supportive regulation.”
Companhia de Saneamento Básico do Estado de São Paulo – SABESP (NYSE:SBS) is a Brazilian company that provides basic and environmental sanitation services. Founded in 1954, the company offers treated water and sewer services.
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