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Freeport-McMoRan
(NYSE:FCX)Freeport-McMoRan Stock (NYSE:FCX), Analyst Ratings, Price Targets, Predictions
Freeport-McMoRan Inc has a consensus price target of $42.95, established from looking at the 61 latest analyst ratings. The last 3 analyst ratings were released from Argus Research, Scotiabank, and Raymond James on April 25, 2024, April 24, 2024, and April 24, 2024. With an average price target of $53.67 between Argus Research, Scotiabank, and Raymond James, there's an implied 4.80% upside for Freeport-McMoRan Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Argus Research
Scotiabank
Raymond James
JP Morgan
B of A Securities
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Freeport-McMoRan
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/25/2024 | FCX | Buy Now | Freeport-McMoRan | $51.21 | 5.45% | Argus Research | David Coleman | $44 → $54 | Maintains | Buy | Get Alert |
| 04/24/2024 | FCX | Buy Now | Freeport-McMoRan | $51.21 | 3.5% | Scotiabank | Orest Wowkodaw | $55 → $53 | Maintains | Sector Outperform | Get Alert |
| 04/24/2024 | FCX | Buy Now | Freeport-McMoRan | $51.21 | 5.45% | Raymond James | Brian MacArthur | $49.5 → $54 | Maintains | Outperform | Get Alert |
| 04/24/2024 | FCX | Buy Now | Freeport-McMoRan | $51.21 | -0.41% | JP Morgan | Bill Peterson | $52 → $51 | Maintains | Neutral | Get Alert |
| 04/17/2024 | FCX | Buy Now | Freeport-McMoRan | $51.21 | 1.54% | JP Morgan | Bill Peterson | $43 → $52 | Maintains | Neutral | Get Alert |
| 04/09/2024 | FCX | Buy Now | Freeport-McMoRan | $51.21 | 7.4% | Scotiabank | Orest Wowkodaw | $48 → $55 | Maintains | Sector Outperform | Get Alert |
| 04/09/2024 | FCX | Buy Now | Freeport-McMoRan | $51.21 | 15.21% | B of A Securities | Lawson Winder | → $59 | Upgrade | Neutral → Buy | Get Alert |
| 01/25/2024 | FCX | Buy Now | Freeport-McMoRan | $51.21 | 7.4% | RBC Capital | Sam Crittenden | → $55 | Reiterates | Sector Perform → Sector Perform | Get Alert |
| 01/04/2024 | FCX | Buy Now | Freeport-McMoRan | $51.21 | -16.03% | Raymond James | Brian MacArthur | $42 → $43 | Maintains | Outperform | Get Alert |
| 12/13/2023 | FCX | Buy Now | Freeport-McMoRan | $51.21 | -19.94% | UBS | Andreas Bokkenheuser | $42 → $41 | Maintains | Neutral | Get Alert |
| 12/07/2023 | FCX | Buy Now | Freeport-McMoRan | $51.21 | -21.89% | Morgan Stanley | Carlos De Alba | $41 → $40 | Maintains | Equal-Weight | Get Alert |
| 10/20/2023 | FCX | Buy Now | Freeport-McMoRan | $51.21 | -8.22% | Scotiabank | Orest Wowkodaw | $48 → $47 | Maintains | Sector Outperform | Get Alert |
| 10/20/2023 | FCX | Buy Now | Freeport-McMoRan | $51.21 | -12.13% | BMO Capital | David Gagliano | $47 → $45 | Maintains | Outperform | Get Alert |
| 10/20/2023 | FCX | Buy Now | Freeport-McMoRan | $51.21 | -19.94% | Morgan Stanley | Carlos De Alba | $44 → $41 | Maintains | Equal-Weight | Get Alert |
| 10/17/2023 | FCX | Buy Now | Freeport-McMoRan | $51.21 | -17.98% | JP Morgan | Bill Peterson | → $42 | Initiates | → Neutral | Get Alert |
| 09/21/2023 | FCX | Buy Now | Freeport-McMoRan | $51.21 | -14.08% | Morgan Stanley | Carlos De Alba | $38.5 → $44 | Maintains | Equal-Weight | Get Alert |
| 07/21/2023 | FCX | Buy Now | Freeport-McMoRan | $51.21 | -24.82% | Morgan Stanley | Carlos De Alba | $38.5 → $38.5 | Reiterates | Equal-Weight → Equal-Weight | Get Alert |
| 07/06/2023 | FCX | Buy Now | Freeport-McMoRan | $51.21 | -10.17% | Citigroup | Alexander Hacking | → $46 | Reiterates | Neutral → Neutral | Get Alert |
| 06/29/2023 | FCX | Buy Now | Freeport-McMoRan | $51.21 | -19.94% | Bernstein | Bob Brackett | → $41 | Initiates | → Market Perform | Get Alert |
FAQ
What is the target price for Freeport-McMoRan (FCX)?
The latest price target for Freeport-McMoRan (NYSE: FCX) was reported by Argus Research on April 25, 2024. The analyst firm set a price target for $54.00 expecting FCX to rise to within 12 months (a possible 4.88% upside). 20 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Freeport-McMoRan (FCX)?
The latest analyst rating for Freeport-McMoRan (NYSE: FCX) was provided by Argus Research, and Freeport-McMoRan maintained their buy rating.
When was the last upgrade for Freeport-McMoRan (FCX)?
The last upgrade for Freeport-McMoRan Inc happened on April 9, 2024 when B of A Securities raised their price target to $59. B of A Securities previously had a neutral for Freeport-McMoRan Inc.
When was the last downgrade for Freeport-McMoRan (FCX)?
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.
When is the next analyst rating going to be posted or updated for Freeport-McMoRan (FCX)?
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 April 25, 2024 so you should expect the next rating to be made available sometime around April 25, 2025.
Is the Analyst Rating Freeport-McMoRan (FCX) correct?
While ratings are subjective and will change, the latest Freeport-McMoRan (FCX) rating was a maintained with a price target of $44.00 to $54.00. The current price Freeport-McMoRan (FCX) is trading at is $51.49, which is within the analyst’s predicted range.
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