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Ecopetrol

ECNYSE
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$9.14
-0.02-0.22%
At Close: -
$9.17
0.030.33%
After Hours: 4:07 PM EDT
15 minutes delayed
Consensus Rating1
Neutral
Highest Price Target1
$13.00
Lowest Price Target1
$11.00
Consensus Price Target1
$11.87

Ecopetrol (NYSE:EC) Stock, Analyst Ratings, Price Targets, Forecasts

Ecopetrol SA has a consensus price target of $11.87 based on the ratings of 7 analysts. The high is $13 issued by UBS on December 21, 2022. The low is $11 issued by UBS on May 19, 2023. The 3 most-recent analyst ratings were released by Goldman Sachs, Goldman Sachs, and JP Morgan on April 18, 2024, March 21, 2024, and February 20, 2024, respectively. With an average price target of $11.4 between Goldman Sachs, Goldman Sachs, and JP Morgan, there's an implied 24.32% upside for Ecopetrol SA from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Mar
1
Apr
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.7
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Goldman Sachs
JP Morgan
Jefferies
Citigroup
B of A Securities

1calculated from analyst ratings

Analyst Ratings for Ecopetrol

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Ecopetrol (EC) stock?

A

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 29.77% upside). 4 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Ecopetrol (EC)?

A

The latest analyst rating for Ecopetrol (NYSE:EC) was provided by Goldman Sachs, and Ecopetrol maintained their neutral rating.

Q

When was the last upgrade for Ecopetrol (EC)?

A

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.

Q

When was the last downgrade for Ecopetrol (EC)?

A

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.

Q

When is the next analyst rating going to be posted or updated for Ecopetrol (EC)?

A

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.

Q

Is the Analyst Rating Ecopetrol (EC) correct?

A

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 $9.17, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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