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Freeport-McMoRan

FCXNYSE
Logo brought to you by Benzinga Data
$43.72
-0.04-0.09%
At close: -
$43.96
0.240.56%
After Hours: Nov 22, 7:19 PM EDT
Consensus Rating1
Buy
Highest Price Target1
$65.00
Lowest Price Target1
$29.00
Consensus Price Target1
$47.27

Freeport-McMoRan (NYSE:FCX) Stock, Analyst Ratings, Price Targets, Forecasts

Freeport-McMoRan Inc has a consensus price target of $47.27 based on the ratings of 23 analysts. The high is $65 issued by Jefferies on March 24, 2022. The low is $29 issued by Barclays on April 21, 2023. The 3 most-recent analyst ratings were released by Scotiabank, Raymond James, and JP Morgan on October 23, 2024, October 23, 2024, and October 15, 2024, respectively. With an average price target of $54.67 between Scotiabank, Raymond James, and JP Morgan, there's an implied 24.34% upside for Freeport-McMoRan Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
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Jul
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0
Aug
3
Sep
1
1
Oct
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
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3.1
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Scotiabank
Raymond James
JP Morgan
Morgan Stanley
UBS

1calculated from analyst ratings

Analyst Ratings for Freeport-McMoRan

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Freeport-McMoRan (FCX) stock?

A

The latest price target for Freeport-McMoRan (NYSE:FCX) was reported by Scotiabank on October 23, 2024. The analyst firm set a price target for $52.00 expecting FCX to rise to within 12 months (a possible 18.28% upside). 26 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Freeport-McMoRan (FCX)?

A

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

Q

When was the last upgrade for Freeport-McMoRan (FCX)?

A

The last upgrade for Freeport-McMoRan Inc happened on September 4, 2024 when UBS raised their price target to $55. UBS previously had a neutral for Freeport-McMoRan Inc.

Q

When was the last downgrade for Freeport-McMoRan (FCX)?

A

The last downgrade for Freeport-McMoRan Inc happened on September 30, 2024 when Scotiabank changed their price target from N/A to $52 for Freeport-McMoRan Inc.

Q

When is the next analyst rating going to be posted or updated for Freeport-McMoRan (FCX)?

A

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 October 23, 2024 so you should expect the next rating to be made available sometime around October 23, 2025.

Q

Is the Analyst Rating Freeport-McMoRan (FCX) correct?

A

While ratings are subjective and will change, the latest Freeport-McMoRan (FCX) rating was a maintained with a price target of $53.00 to $52.00. The current price Freeport-McMoRan (FCX) is trading at is $43.96, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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