FreeportMcMoRan (FCX)
(Delayed Data from NYSE)
$50.50 USD
+1.10 (2.23%)
Updated Apr 26, 2024 04:00 PM ET
After-Market: $50.14 -0.36 (-0.71%) 7:58 PM ET
3-Hold of 5 3
C Value D Growth A Momentum C VGM
Freeport-McMoRan (FCX) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$51.13 | $60.00 | $41.00 | 3.50% |
Price Target
Based on short-term price targets offered by 15 analysts, the average price target for Freeport-McMoRan comes to $51.13. The forecasts range from a low of $41.00 to a high of $60.00. The average price target represents an increase of 3.5% from the last closing price of $49.40.
Analyst Price Targets (15)
Broker Rating
Freeport-McMoRan currently has an average brokerage recommendation (ABR) of 2.00 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 15 brokerage firms. The current ABR compares to an ABR of 2.15 a month ago based on 13 recommendations.
Of the 15 recommendations deriving the current ABR, seven are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 46.67% and 6.67% of all recommendations. A month ago, Strong Buy made up 38.46%, while Buy represented 7.69%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 8 | 7 | 5 | 5 | 5 |
Buy | 1 | 1 | 1 | 1 | 1 |
Hold | 7 | 6 | 7 | 7 | 7 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 1 | 1 |
ABR | 1.94 | 1.93 | 2.15 | 2.36 | 2.36 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
4/25/2024 | Argus Research Corp. | David E Coleman | Not Available | Strong Buy |
4/24/2024 | Raymond James Ltd. | Brian Macarthur | Moderate Buy | Moderate Buy |
4/9/2024 | Scotiabank | Orest Wowkodaw | Strong Buy | Strong Buy |
12/6/2023 | Not Identified | Not Identified | Not Available | Strong Buy |
10/20/2023 | BMO Capital Markets | Katja Jancic | Not Available | Strong Buy |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 1.94 |
ABR (Last week) | 1.93 |
# of Recs in ABR | 16 |
Average Target Price | $51.13 |
LT Growth Rate | 3.70% |
Industry | Mining - Non Ferrous |
Industry Rank by ABR | 29 of 252 |
Current Quarter EPS Est: | 0.45 |