Where Ecopetrol Stands With Analysts
Portfolio Pulse from Benzinga Insights
In the last quarter, Ecopetrol (NYSE:EC) received indifferent ratings from 4 analysts. The company's average 12-month price target is $12.6, an increase of 10.04% from the previous average price target of $11.45.
September 13, 2023 | 3:00 pm
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NEUTRAL IMPACT
Ecopetrol received indifferent ratings from 4 analysts. The average 12-month price target is $12.6, up 10.04% from the previous target.
The indifferent ratings from analysts suggest that they do not expect significant changes in the stock's performance in the short term. The increase in the average price target could indicate a potential upside, but the lack of bullish ratings suggests that this may not be a strong consensus view.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100