Ecopetrol SA has a consensus price target of $11.17 based on the ratings of 7 analysts. The high is $13 issued by UBS on December 21, 2022. The low is $9.5 issued by JP Morgan on February 13, 2025. The 3 most-recent analyst ratings were released by JP Morgan on February 13, 2025, October 30, 2024, and September 25, 2024, respectively. With an average price target of $8.5 between JP Morgan, there's an implied -16.26% downside for Ecopetrol SA from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Ecopetrol (NYSE:EC) was reported by JP Morgan on February 13, 2025. The analyst firm set a price target for $9.50 expecting EC to fall to within 12 months (a possible -6.40% downside). 7 analyst firms have reported ratings in the last year.
The latest analyst rating for Ecopetrol (NYSE:EC) was provided by JP Morgan, and Ecopetrol upgraded their neutral rating.
The last upgrade for Ecopetrol SA happened on February 13, 2025 when JP Morgan raised their price target to $9.5. JP Morgan previously had an underweight for Ecopetrol SA.
The last downgrade for Ecopetrol SA happened on September 25, 2024 when JP Morgan changed their price target from $12 to $8.5 for Ecopetrol SA.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Ecopetrol, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Ecopetrol was filed on February 13, 2025 so you should expect the next rating to be made available sometime around February 13, 2026.
While ratings are subjective and will change, the latest Ecopetrol (EC) rating was a upgraded with a price target of $7.50 to $9.50. The current price Ecopetrol (EC) is trading at is $10.15, which is out of the analyst’s predicted range.
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