Freeport-McMoRan Stock: A Deep Dive Into Analyst Perspectives (10 Ratings)
Portfolio Pulse from Benzinga Insights
Freeport-McMoRan (NYSE:FCX) has been evaluated by 10 analysts over the past three months, with opinions ranging from bullish to bearish. The average 12-month price target is $55.1, slightly down from $56. Analysts have adjusted their ratings and price targets in response to market conditions. Freeport-McMoRan has shown strong financial performance with a 15.46% revenue growth rate and a net margin of 9.3%, but faces challenges with a high debt-to-equity ratio and low ROA.
October 15, 2024 | 8:02 pm
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NEUTRAL IMPACT
Freeport-McMoRan has received mixed analyst ratings with a slight decrease in average price targets. The company shows strong revenue growth and net margin but faces challenges with high debt and low ROA.
The mixed analyst ratings and slight decrease in price targets suggest a neutral short-term impact on FCX's stock price. While the company shows strong financial performance in terms of revenue growth and net margin, the high debt-to-equity ratio and low ROA indicate potential financial challenges. These factors balance each other out, leading to a neutral short-term outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100