NYSE:FCX

Freeport-McMoRan Price Target, Predictions & Analyst Ratings

$30.99

+1.42 (+4.80%)

(As of 06/24/2022 07:00 PM ET)

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Today's Range: $29.15
▼
$30.99
50-Day Range: $29.57
▼
$50.77
52-Week Range: $28.87
▼
$51.99

Volume: 35.35 million shs
Average Volume: 19.30 million shs
Market Capitalization: $44.91 billion

P/E Ratio: 8.98
Dividend Yield: 0.97%
Price Target: $47.31

Freeport-McMoRan (NYSE:FCX) Price Target and Consensus Rating (2022)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Analyst Rating

Hold
Based on 15 Analyst Ratings

Consensus Analyst Price Target

$47.31
52.65% Upside

High Price Target	$65.00
Average Price Target	$47.31
Low Price Target	$29.00

Type	Current 6/27/21 to 6/27/22	1 Month Ago 5/28/21 to 5/28/22	3 Months Ago 3/29/21 to 3/29/22	1 Year Ago 6/27/20 to 6/27/21
Consensus Rating	Hold	Hold	Hold	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	1 Strong Buy rating(s)
Buy	7 Buy rating(s)	7 Buy rating(s)	9 Buy rating(s)	10 Buy rating(s)
Hold	7 Hold rating(s)	5 Hold rating(s)	4 Hold rating(s)	7 Hold rating(s)
Sell	1 Sell rating(s)	2 Sell rating(s)	2 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$47.31	$47.31	$43.07	$32.33
Predicted Upside	52.65% Upside	9.42% Upside	10.96% Upside	13.13% Upside

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FCX Stock Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

FCX Stock Price Target by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Freeport-McMoRan Stock vs. The Competition

Type	Freeport-McMoRan	Basic Materials Companies	S&P 500
Consensus Rating Score	2.40	2.63	2.52
Consensus Rating	Hold	Buy	Buy
Predicted Upside	52.65% Upside	167.12% Upside	29.93% Upside
News Sentiment Rating	Neutral News	Neutral News	Neutral News
MarketBeat Community Rating	Outperform Votes 1077 68.04% Underperform Votes 506 31.96%	Avg. Outperform Votes 130 63.11% Avg. Underperform Votes 76 36.89%	Avg. Outperform Votes 840 69.14% Avg. Underperform Votes 375 30.86%

Historical Freeport-McMoRan Price Targets and Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
6/23/2022	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Equal Weight
6/14/2022	Clarkson Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating	F. Stene Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Neutral
6/9/2022	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Underperform ➝ Neutral	$32.00 ➝ $38.00	-9.95%
4/22/2022	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Set Target	Outperform	$59.00	+39.91%
4/22/2022	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform	$62.00 ➝ $56.00	+24.58%
4/22/2022	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Sector Perform	$46.00 ➝ $47.00	+4.56%
4/22/2022	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Hold	$50.00 ➝ $47.00	+4.56%
4/21/2022	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$28.00 ➝ $29.00	-41.88%
4/5/2022	Exane BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating	Jatinder Goel Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Neutral	$50.00	+1.44%
3/24/2022	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	$58.00 ➝ $65.00	+30.50%

3/17/2022	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$49.00 ➝ $54.00	+16.33%
1/27/2022	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform	$47.00 ➝ $45.00	+17.10%
10/22/2021	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating	Davd Coleman Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy	$40.00 ➝ $45.00	+18.89%
9/29/2021	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy
4/26/2021	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Neutral	$30.00 ➝ $36.00	-1.48%
2/23/2021	B. Riley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	$32.00 ➝ $42.00	+10.29%
2/16/2021	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Buy	$36.00	+15.27%
12/16/2020	Johnson Rice Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy
11/11/2020	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Conviction-Buy	$25.00	+28.01%
7/24/2020	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Sector Outperform	$13.50 ➝ $14.00	+6.95%
7/7/2020	CIBC Subscribe to MarketBeat All Access for the recommendation accuracy rating	Oscar Cabrera Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform	$11.00 ➝ $14.00	+9.89%
4/27/2020	Eight Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Buy
10/10/2019	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral	$14.00 ➝ $12.00	+32.60%

(Data available from 6/27/2017 forward. View 10+ years of historical ratings with our analyst ratings screener.)

Freeport-McMoRan Price Target - Frequently Asked Questions

What is Freeport-McMoRan's consensus rating and price target?: According to the issued ratings of 15 analysts in the last year, the consensus rating for Freeport-McMoRan stock is Hold based on the current 1 sell rating, 7 hold ratings and 7 buy ratings for FCX. The average twelve-month price prediction for Freeport-McMoRan is $47.31 with a high price target of $65.00 and a low price target of $29.00. Learn more on FCX's analyst rating history.
Do Wall Street analysts like Freeport-McMoRan more than its competitors?: Analysts like Freeport-McMoRan stock less than the stock of other Basic Materials companies. The consensus rating for Freeport-McMoRan is Hold while the average consensus rating for basic materials companies is Buy. Learn more on how FCX compares to other companies.
Do MarketBeat users like Freeport-McMoRan more than its competitors?: MarketBeat users like Freeport-McMoRan stock more than the stock of other Basic Materials companies. 67.99% of MarketBeat users gave Freeport-McMoRan an outperform vote while basic materials companies recieve an average of 63.16% outperform votes by MarketBeat users.

Is Freeport-McMoRan being upgraded or downgraded by Wall Street analysts?: Over the previous 90 days, Freeport-McMoRan's stock had 2 downgrades and 1 upgrade by analysts.
Does Freeport-McMoRan's stock price have much upside?: According to analysts, Freeport-McMoRan's stock has a predicted upside of 8.53% based on their 12-month price targets.
What analysts cover Freeport-McMoRan?: Freeport-McMoRan has been rated by Barclays, BMO Capital Markets, BNP Paribas, Clarkson Capital, Credit Suisse Group, Deutsche Bank Aktiengesellschaft, Exane BNP Paribas, Morgan Stanley, Raymond James, and Royal Bank of Canada in the past 90 days.

This page (NYSE:FCX) was last updated on 6/27/2022 by MarketBeat.com Staff

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Freeport-McMoRan Price Target, Predictions & Analyst Ratings

Freeport-McMoRan (NYSE:FCX) Price Target and Consensus Rating (2022)

Consensus Analyst Rating

Consensus Analyst Price Target

FCX Stock Analyst Ratings By Month

FCX Stock Price Target by Month

Freeport-McMoRan Stock vs. The Competition

Historical Freeport-McMoRan Price Targets and Ratings

Freeport-McMoRan Price Target - Frequently Asked Questions

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