$11.71
0.14[1.21%]
At close: Apr 23
$11.71
0[0.00%]
After Hours: 7:59PM EDT
Ecopetrol Stock (NYSE:EC), Analyst Ratings, Price Targets, Predictions
Ecopetrol SA has a consensus price target of $11.87, established from looking at the 15 latest analyst ratings. The last 3 analyst ratings were released from Goldman Sachs, Goldman Sachs, and JP Morgan on April 18, 2024, March 21, 2024, and February 20, 2024. With an average price target of $11.4 between Goldman Sachs, Goldman Sachs, and JP Morgan, there's an implied -2.65% downside for Ecopetrol SA from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Goldman Sachs
JP Morgan
Jefferies
Citigroup
B of A Securities
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Ecopetrol
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/18/2024 | EC | Buy Now | Ecopetrol | $11.71 | 1.62% | Goldman Sachs | Bruno Amorim | $10.3 → $11.9 | Maintains | Neutral | Get Alert |
| 03/21/2024 | EC | Buy Now | Ecopetrol | $11.71 | -12.04% | Goldman Sachs | Bruno Amorim | $12 → $10.3 | Maintains | Neutral | Get Alert |
| 02/20/2024 | EC | Buy Now | Ecopetrol | $11.71 | 2.48% | JP Morgan | Rodolfo Angele | $12.5 → $12 | Maintains | Neutral | Get Alert |
| 09/21/2023 | EC | Buy Now | Ecopetrol | $11.71 | -4.36% | Jefferies | Alejandro Demichelis | → $11.2 | Initiates | → Underperform | Get Alert |
| 09/13/2023 | EC | Buy Now | Ecopetrol | $11.71 | 6.75% | Citigroup | Andres Cardona | → $12.5 | Downgrade | Buy → Neutral | Get Alert |
| 08/23/2023 | EC | Buy Now | Ecopetrol | $11.71 | -1.79% | B of A Securities | Frank McGann | → $11.5 | Reinstates | Neutral → Neutral | Get Alert |
| 08/18/2023 | EC | Buy Now | Ecopetrol | $11.71 | 18.7% | Goldman Sachs | Bruno Amorim | $12.5 → $13.9 | Maintains | Neutral | Get Alert |
| 06/28/2023 | EC | Buy Now | Ecopetrol | $11.71 | 6.75% | Goldman Sachs | Bruno Amorim | $10.4 → $12.5 | Maintains | Neutral | Get Alert |
| 05/19/2023 | EC | Buy Now | Ecopetrol | $11.71 | -6.06% | UBS | Luiz Carvalho | $12 → $11 | Maintains | Neutral | Get Alert |
| 03/15/2023 | EC | Buy Now | Ecopetrol | $11.71 | -6.06% | Goldman Sachs | Bruno Amorim | $12.4 → $11 | Maintains | Neutral | Get Alert |
| 02/09/2023 | EC | Buy Now | Ecopetrol | $11.71 | — | UBS | Luiz Carvalho | — | Downgrade | Buy → Neutral | Get Alert |
| 01/27/2023 | EC | Buy Now | Ecopetrol | $11.71 | 5.89% | Goldman Sachs | Bruno Amorim | $10.3 → $12.4 | Maintains | Neutral | Get Alert |
| 12/21/2022 | EC | Buy Now | Ecopetrol | $11.71 | 11.02% | UBS | — | $14 → $13 | Maintains | Buy | Get Alert |
| 12/16/2021 | EC | Buy Now | Ecopetrol | $11.71 | 25.53% | Goldman Sachs | Bruno Amorim | — | Downgrade | Buy → Neutral | Get Alert |
| 11/29/2021 | EC | Buy Now | Ecopetrol | $11.71 | 40.91% | JP Morgan | Rodolfo Angele | — | Upgrade | Underweight → Neutral | Get Alert |
FAQ
What is the target price for Ecopetrol (EC)?
The latest price target for Ecopetrol (NYSE: EC) was reported by Goldman Sachs on April 18, 2024. The analyst firm set a price target for $11.90 expecting EC to rise to within 12 months (a possible 1.62% upside). 9 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Ecopetrol (EC)?
The latest analyst rating for Ecopetrol (NYSE: EC) was provided by Goldman Sachs, and Ecopetrol maintained their neutral rating.
When was the last upgrade for Ecopetrol (EC)?
The last upgrade for Ecopetrol SA happened on November 29, 2021 when JP Morgan raised their price target to $16.5. JP Morgan previously had an underweight for Ecopetrol SA.
When was the last downgrade for Ecopetrol (EC)?
The last downgrade for Ecopetrol SA happened on September 13, 2023 when Citigroup changed their price target from N/A to $12.5 for Ecopetrol SA.
When is the next analyst rating going to be posted or updated for Ecopetrol (EC)?
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 April 18, 2024 so you should expect the next rating to be made available sometime around April 18, 2025.
Is the Analyst Rating Ecopetrol (EC) correct?
While ratings are subjective and will change, the latest Ecopetrol (EC) rating was a maintained with a price target of $10.30 to $11.90. The current price Ecopetrol (EC) is trading at is $11.71, which is within the analyst’s predicted range.
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