$49.61
-0.55[-1.10%]
At close: Apr 19
$49.58
-0.0300[-0.06%]
After Hours: 6:42PM EDT
Freeport-McMoRan
(NYSE:FCX)Freeport-McMoRan Stock (NYSE:FCX), Analyst Ratings, Price Targets, Predictions
Freeport-McMoRan Inc has a consensus price target of $42.05, established from looking at the 58 latest analyst ratings. The last 3 analyst ratings were released from JP Morgan, Scotiabank, and B of A Securities on April 17, 2024, April 9, 2024, and April 9, 2024. With an average price target of $55.33 between JP Morgan, Scotiabank, and B of A Securities, there's an implied 11.54% upside for Freeport-McMoRan Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
JP Morgan
Scotiabank
B of A Securities
RBC Capital
Raymond James
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/17/2024 | FCX | Buy Now | Freeport-McMoRan | $49.61 | 4.82% | JP Morgan | Bill Peterson | $43 → $52 | Maintains | Neutral | Get Alert |
| 04/09/2024 | FCX | Buy Now | Freeport-McMoRan | $49.61 | 10.86% | Scotiabank | Orest Wowkodaw | $48 → $55 | Maintains | Sector Outperform | Get Alert |
| 04/09/2024 | FCX | Buy Now | Freeport-McMoRan | $49.61 | 18.93% | B of A Securities | Lawson Winder | → $59 | Upgrade | Neutral → Buy | Get Alert |
| 01/25/2024 | FCX | Buy Now | Freeport-McMoRan | $49.61 | 10.86% | RBC Capital | Sam Crittenden | → $55 | Reiterates | Sector Perform → Sector Perform | Get Alert |
| 01/04/2024 | FCX | Buy Now | Freeport-McMoRan | $49.61 | -13.32% | Raymond James | Brian MacArthur | $42 → $43 | Maintains | Outperform | Get Alert |
| 12/13/2023 | FCX | Buy Now | Freeport-McMoRan | $49.61 | -17.36% | UBS | Andreas Bokkenheuser | $42 → $41 | Maintains | Neutral | Get Alert |
| 12/07/2023 | FCX | Buy Now | Freeport-McMoRan | $49.61 | -19.37% | Morgan Stanley | Carlos De Alba | $41 → $40 | Maintains | Equal-Weight | Get Alert |
| 10/20/2023 | FCX | Buy Now | Freeport-McMoRan | $49.61 | -5.26% | Scotiabank | Orest Wowkodaw | $48 → $47 | Maintains | Sector Outperform | Get Alert |
| 10/20/2023 | FCX | Buy Now | Freeport-McMoRan | $49.61 | -9.29% | BMO Capital | David Gagliano | $47 → $45 | Maintains | Outperform | Get Alert |
| 10/20/2023 | FCX | Buy Now | Freeport-McMoRan | $49.61 | -17.36% | Morgan Stanley | Carlos De Alba | $44 → $41 | Maintains | Equal-Weight | Get Alert |
| 10/17/2023 | FCX | Buy Now | Freeport-McMoRan | $49.61 | -15.34% | JP Morgan | Bill Peterson | → $42 | Initiates | → Neutral | Get Alert |
| 09/21/2023 | FCX | Buy Now | Freeport-McMoRan | $49.61 | -11.31% | Morgan Stanley | Carlos De Alba | $38.5 → $44 | Maintains | Equal-Weight | Get Alert |
| 07/21/2023 | FCX | Buy Now | Freeport-McMoRan | $49.61 | -22.39% | Morgan Stanley | Carlos De Alba | $38.5 → $38.5 | Reiterates | Equal-Weight → Equal-Weight | Get Alert |
| 07/06/2023 | FCX | Buy Now | Freeport-McMoRan | $49.61 | -7.28% | Citigroup | Alexander Hacking | → $46 | Reiterates | Neutral → Neutral | Get Alert |
| 06/29/2023 | FCX | Buy Now | Freeport-McMoRan | $49.61 | -17.36% | Bernstein | Bob Brackett | → $41 | Initiates | → Market Perform | Get Alert |
| 06/22/2023 | FCX | Buy Now | Freeport-McMoRan | $49.61 | -22.39% | Morgan Stanley | Carlos De Alba | $35 → $38.5 | Maintains | Equal-Weight | Get Alert |
| 04/24/2023 | FCX | Buy Now | Freeport-McMoRan | $49.61 | 0.79% | RBC Capital | Sam Crittenden | → $50 | Reiterates | → Sector Perform | Get Alert |
| 04/24/2023 | FCX | Buy Now | Freeport-McMoRan | $49.61 | -29.45% | Morgan Stanley | Carlos De Alba | $37 → $35 | Maintains | Equal-Weight | Get Alert |
| 04/21/2023 | FCX | Buy Now | Freeport-McMoRan | $49.61 | -41.54% | Barclays | Matthew Murphy | $24 → $29 | Maintains | Underweight | Get Alert |
FAQ
What is the target price for Freeport-McMoRan (FCX)?
The latest price target for Freeport-McMoRan (NYSE: FCX) was reported by JP Morgan on April 17, 2024. The analyst firm set a price target for $52.00 expecting FCX to rise to within 12 months (a possible 4.82% upside). 19 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 JP Morgan, and Freeport-McMoRan maintained their neutral 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 17, 2024 so you should expect the next rating to be made available sometime around April 17, 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 $43.00 to $52.00. The current price Freeport-McMoRan (FCX) is trading at is $49.61, which is within the analyst’s predicted range.
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