FreeportMcMoRan (FCX)
(Delayed Data from NYSE)
$49.54 USD
+0.67 (1.37%)
Updated Oct 10, 2024 04:00 PM ET
After-Market: $49.47 -0.07 (-0.14%) 7:58 PM ET
3-Hold of 5 3
B Value B Growth F Momentum C VGM
Freeport-McMoRan (FCX) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$55.50 | $67.00 | $44.00 | 13.57% |
Price Target
Based on short-term price targets offered by 16 analysts, the average price target for Freeport-McMoRan comes to $55.50. The forecasts range from a low of $44.00 to a high of $67.00. The average price target represents an increase of 13.57% from the last closing price of $48.87.
Analyst Price Targets (16)
Broker Rating
Freeport-McMoRan currently has an average brokerage recommendation (ABR) of 1.86 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 18 brokerage firms. The current ABR compares to an ABR of 1.68 a month ago based on 17 recommendations.
Of the 18 recommendations deriving the current ABR, nine are Strong Buy and two are Buy. Strong Buy and Buy respectively account for 50% and 11.11% of all recommendations. A month ago, Strong Buy made up 58.82%, while Buy represented 11.76%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 9 | 9 | 10 | 9 | 9 |
Buy | 2 | 2 | 2 | 2 | 2 |
Hold | 7 | 7 | 5 | 6 | 6 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.86 | 1.86 | 1.68 | 1.79 | 1.79 |
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 |
---|---|---|---|---|
9/30/2024 | Scotiabank | Orest Wowkodaw | Strong Buy | Hold |
9/19/2024 | Not Identified | Not Identified | Hold | Hold |
9/4/2024 | UBS | Curtis Woodworth | Hold | Strong Buy |
8/30/2024 | BMO Capital Markets | Katja Jancic | 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 |
6/18/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
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. 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 | 1.86 |
ABR (Last week) | 1.86 |
# of Recs in ABR | 18 |
Average Target Price | $55.50 |
LT Growth Rate | 15.20% |
Industry | Mining - Non Ferrous |
Industry Rank by ABR | 104 of 252 |
Current Quarter EPS Est: | 0.40 |
FCX FAQs
Freeport-McMoRan Inc. (FCX) currently has an average brokerage recommendation (ABR) of 1.86 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 18 brokerage firms.
The average price target for Freeport-McMoRan Inc. (FCX) is $55.53. 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 $67. The average price target represents a increase of $12.09 from the last closing price of $49.54.
The current UPSIDE for Freeport-McMoRan Inc. (FCX) is 12.09%
Based on short-term price targets offered by 16 analysts, the average price target for Freeport-McMoRan comes to $55.50. The forecasts range from a low of $44.00 to a high of $67.00. The average price target represents an increase of 13.57% from the last closing price of $48.87.