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NYSE:FCXFreeport-McMoRan Price Target & Analyst Ratings

-0.60 (-4.12 %)
(As of 08/7/2020 04:00 PM ET)
Today's Range
Now: $13.96
50-Day Range
MA: $12.43
52-Week Range
Now: $13.96
Volume21.11 million shs
Average Volume26.42 million shs
Market Capitalization$20.27 billion
P/E RatioN/A
Dividend Yield0.69%

Analyst Ratings

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

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 (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = 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.
19 Wall Street analysts have issued ratings and price targets for Freeport-McMoRan in the last 12 months. Their average twelve-month price target is $14.17, suggesting that the stock has a possible upside of 1.48%. The high price target for FCX is $19.00 and the low price target for FCX is $11.50. There are currently 7 hold ratings and 12 buy ratings for the stock, resulting in a consensus rating of "Buy."
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: BuyBuyBuyBuy
Consensus Rating Score: 2.632.722.722.56
Ratings Breakdown: 0 Sell Rating(s)
7 Hold Rating(s)
12 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
5 Hold Rating(s)
13 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
5 Hold Rating(s)
13 Buy Rating(s)
0 Strong Buy Rating(s)
1 Sell Rating(s)
5 Hold Rating(s)
10 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $14.17$13.00$12.72$13.68
Price Target Upside: 1.48% upside0.15% upside44.56% upside13.60% upside

Freeport-McMoRan (NYSE:FCX) Consensus Price Target History

Average Share Price and 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 (NYSE:FCX) Analyst Ratings History

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
8/4/2020Morgan StanleyDowngradeOverweight ➝ Equal Weight$12.50Low
7/30/2020Deutsche BankBoost Price TargetBuy$13.50 ➝ $16.00Medium
7/24/2020Raymond JamesSet Price TargetMarket Perform$13.50Medium
7/24/2020BMO Capital MarketsBoost Price TargetOutperform$15.00 ➝ $17.00Low
7/24/2020ScotiabankBoost Price TargetSector Outperform$13.50 ➝ $14.00Low
7/24/2020Jefferies Financial GroupBoost Price TargetBuy$18.00 ➝ $19.00Medium
7/20/2020BarclaysDowngradeOverweight ➝ Equal Weight$14.00Low
7/9/2020Royal Bank of CanadaReiterated RatingHoldLow
7/7/2020Credit Suisse GroupBoost Price TargetNeutral$11.00 ➝ $11.50Low
7/7/2020CIBCBoost Price TargetOutperform$11.00 ➝ $14.00Low
5/21/2020Bank of AmericaBoost Price TargetBuy$11.00 ➝ $12.00Low
4/27/2020Eight CapitalUpgradeNeutral ➝ BuyMedium
3/30/2020UBS GroupLower Price TargetBuy$15.00 ➝ $12.00Low
3/27/2020CitigroupLower Price TargetBuy$14.00 ➝ $12.00High
3/24/2020B. RileyBoost Price TargetBuy$16.00 ➝ $19.00High
10/10/2019JPMorgan Chase & Co.Lower Price TargetNeutral$14.00 ➝ $12.00High
9/23/2019Clarkson CapitalReiterated RatingNeutralLow
9/20/2019Exane BNP ParibasInitiated CoverageOutperformLow
7/2/2018Berenberg BankReiterated RatingSell$15.00Low
5/23/2018Alembic Global AdvisorsUpgradeNeutral ➝ BuyLow
4/25/2018CowenLower Price TargetOutperform ➝ Outperform$22.00 ➝ $19.00High
3/20/2018Goldman Sachs GroupInitiated CoverageBuy ➝ Buy$23.00Medium
2/6/2018Stifel NicolausBoost Price TargetHold ➝ Hold$16.00 ➝ $18.00High
10/26/2017FBR & CoReiterated RatingHold$12.00N/A
9/7/2017MacquarieInitiated CoverageNeutral ➝ Neutral$16.00Medium
8/29/2017Vertical ResearchReiterated RatingBuy$20.00Low
(Data available from 8/8/2018 forward)
This page was last updated on 8/8/2020 by MarketBeat.com Staff

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