FreeportMcMoRan (FCX)
(Delayed Data from NYSE)
$40.00 USD
-1.40 (-3.38%)
Updated Sep 6, 2024 04:00 PM ET
After-Market: $39.95 -0.05 (-0.13%) 7:58 PM ET
3-Hold of 5 3
B Value B Growth D Momentum B VGM
Freeport-McMoRan (FCX) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$55.31 | $63.00 | $44.00 | 33.60% |
Price Target
Based on short-term price targets offered by 16 analysts, the average price target for Freeport-McMoRan comes to $55.31. The forecasts range from a low of $44.00 to a high of $63.00. The average price target represents an increase of 33.6% from the last closing price of $41.40.
Analyst Price Targets (16)
Broker Rating
Freeport-McMoRan currently has an average brokerage recommendation (ABR) of 1.68 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 17 brokerage firms. The current ABR compares to an ABR of 1.79 a month ago based on 17 recommendations.
Of the 17 recommendations deriving the current ABR, 10 are Strong Buy and two are Buy. Strong Buy and Buy respectively account for 58.82% and 11.76% of all recommendations. A month ago, Strong Buy made up 52.94%, while Buy represented 11.76%.
Broker Rating Breakdown
![Broker Rating Visualization](https://widget3.zacks.com/images/charts/bar/brokerage/bar/FCX.png)
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 10 | 9 | 9 | 9 | 8 |
Buy | 2 | 2 | 2 | 2 | 1 |
Hold | 5 | 6 | 6 | 6 | 7 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.68 | 1.79 | 1.79 | 1.79 | 1.94 |
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 |
---|---|---|---|---|
9/4/2024 | UBS | Curtis Woodworth | Hold | Strong Buy |
8/30/2024 | BMO Capital Markets | Katja Jancic | Strong Buy | Strong Buy |
7/24/2024 | Scotiabank | Orest Wowkodaw | Strong Buy | Strong Buy |
7/24/2024 | Raymond James Ltd. | Brian Macarthur | Moderate Buy | Moderate Buy |
7/11/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
6/21/2024 | Exane BNP Paribas | Alan Spence | Not Available | Strong Buy |
6/20/2024 | Not Identified | Not Identified | Hold | Hold |
5/29/2024 | Not Identified | Not Identified | Hold | Hold |
4/25/2024 | Argus Research Corp. | David E Coleman | Not Available | Strong Buy |
4/23/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
4/23/2024 | Not Identified | Not Identified | Not Available | Hold |
1/29/2024 | Not Identified | Not Identified | Strong Buy | 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 | 1.68 |
ABR (Last week) | 1.79 |
# of Recs in ABR | 17 |
Average Target Price | $55.31 |
LT Growth Rate | 12.70% |
Industry | Mining - Non Ferrous |
Industry Rank by ABR | 103 of 253 |
Current Quarter EPS Est: | 0.46 |
FCX FAQs
Freeport-McMoRan Inc. (FCX) currently has an average brokerage recommendation (ABR) of 1.68 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 17 brokerage firms.
The average price target for Freeport-McMoRan Inc. (FCX) is $55.31. The current on short-term price targets is based on 9 reports.
The forecasts for Freeport-McMoRan Inc. (FCX) range from a low of $44 to a high of $63. The average price target represents a increase of $38.28 from the last closing price of $40.00.
The current UPSIDE for Freeport-McMoRan Inc. (FCX) is 38.28%
Based on short-term price targets offered by 16 analysts, the average price target for Freeport-McMoRan comes to $55.31. The forecasts range from a low of $44.00 to a high of $63.00. The average price target represents an increase of 33.6% from the last closing price of $41.40.