The latest price target for Freeport-McMoRan (NYSE:FCX) was reported by Scotiabank on August 19, 2024. The analyst firm set a price target for $52.00 expecting FCX to rise to within 12 months (a possible 16.17% upside). 23 analyst firms have reported ratings in the last year.

The latest analyst rating for Freeport-McMoRan (NYSE:FCX) was provided by Scotiabank, and Freeport-McMoRan maintained their sector outperform rating.

The last upgrade for Freeport-McMoRan Inc happened on June 21, 2024 when Morgan Stanley raised their price target to $62. Morgan Stanley previously had an equal-weight for Freeport-McMoRan Inc.

The last downgrade for Freeport-McMoRan Inc happened on November 11, 2022 when Scotiabank changed their price target from N/A to $34 for Freeport-McMoRan Inc.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Freeport-McMoRan, 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 Freeport-McMoRan was filed on August 19, 2024 so you should expect the next rating to be made available sometime around August 19, 2025.

While ratings are subjective and will change, the latest Freeport-McMoRan (FCX) rating was a maintained with a price target of $58.00 to $52.00. The current price Freeport-McMoRan (FCX) is trading at is $44.76, which is out of the analyst’s predicted range.