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 30.48% upside). 3 analyst firms have reported ratings in the last year.

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

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.

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.

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.

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 $9.12, which is out of the analyst’s predicted range.