Stock Price Forecast
The 20 analysts offering 12-month price forecasts for Freeport-McMoRan Inc have a median target of 50.50, with a high estimate of 65.00 and a low estimate of 28.00. The median estimate represents a +2.62% increase from the last price of 49.21.
Similarly Is FCX a buy or sell? Out of 9 analysts, 1 (11.11%) are recommending FCX as a Strong Buy, 2 (22.22%) are recommending FCX as a Buy, 5 (55.56%) are recommending FCX as a Hold, 0 (0%) are recommending FCX as a Sell, and 1 (11.11%) are recommending FCX as a Strong Sell. What is FCX’s earnings growth forecast for 2022-2024?
What is the price target for FCX stock? The 26 analysts offering 12-month price forecasts for FedEx Corp have a median target of 292.50, with a high estimate of 333.00 and a low estimate of 230.00.
Additionally, What is Apple’s forecast 2025?
Apple (AAPL) Forecast for 2025
| Month | Target | Pes. |
|---|---|---|
| Sep | 179.09 | 172.28 |
| Oct | 181.96 | 172.13 |
| Nov | 190.51 | 183.46 |
| Dec | 204.80 | 188.41 |
Is Southern Copper a Buy?
For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25).
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Momentum Scorecard. More Info.
| Zacks Rank | Definition | Annualized Return |
|---|---|---|
| 1 | Strong Buy | 24.93% |
| 2 | Buy | 18.44% |
| 3 | Hold | 9.99% |
| 4 | Sell | 5.61% |
Should I sell Freeport McMoRan? 4 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts’ ratings for Freeport McMoran Copper & Gold.
What is the best copper stock to buy?
| Best Value Copper Stocks | ||
|---|---|---|
| Price ($) | 12-Month Trailing P/E Ratio | |
| Turquoise Hill Resources Ltd. (TRQ.TO) | CA$18.86 | 4.7 |
| Copper Mountain Mining Corp. (CMMC.TO) | CA$3.07 | 5.9 |
| Ero Copper Corp. (ERO.TO) | CA$23.74 | 8.1 |
Is copper a good buy? Copper rounds and Copper coins are a good investment vehicle. So are Copper bars and unique Copper shapes. With the demand for Copper continually increasing, the value will grow with it. It is a good time to invest in this metal and reap the benefits of its value.
How can I invest in copper?
To invest in copper directly, investors can hold it in physical form, which can be done through the purchase of copper bullion bars or copper coins. Although not as direct as the purchase of coins or bullion, investors can also gain exposure to the value of copper through the purchase of futures.
Is FCX overvalued? The stock of Freeport-McMoRan (NYSE:FCX, 30-year Financials) appears to be significantly overvalued, according to GuruFocus Value calculation.
Is FCX a good company?
Of 10 Wall Street analysts that rated FCX, six rated it Buy while three rated it Hold and one rated it Sell. The stock’s 12-month median price target of $42.50 indicates a 5.8% potential downside. The price targets range from a low of $28.00 to a high of $50.00.
Is FCX a buy Zack? The Zacks database contains over 10,000 stocks.
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Momentum Scorecard. More Info.
| Zacks Rank | Definition | Annualized Return |
|---|---|---|
| 1 | Strong Buy | 24.93% |
| 2 | Buy | 18.44% |
| 3 | Hold | 9.99% |
| 4 | Sell | 5.61% |
Will copper prices go up in 2022?
Several analysts from banks such as Goldman Sachs are bullish about the copper price forecast for 2022 and beyond. By Q4 2022, Goldman Sachs predicts copper prices to reach $12,250 per tonne. Meanwhile, Bank of America predicts copper prices to average $9,813 per tonne through 2022.
Will copper prices go down in 2021?
The World Bank recently stated they believe the average annual copper price will drop 6% to $8,800 per tonne this year. While copper supply saw a slight deficit in 2021, the International Copper Study Group (ICSG) expects the copper market will be in surplus this year.
What will copper be worth in 2030? The global copper powder market was projected to be worth some 941.5 million U.S. dollars in 2030, a slow increase with a compound annual growth rate of around 4.2 percent.
Will copper prices go up? Meanwhile, Bank of America predicts copper prices to average $9,813 per tonne through 2022. Beyond a 2-3 year window, experts believe demand for copper will stay strong in the long term.
Will copper prices go up?
Globally, copper prices reached all-time highs in 2021 and reached a record high in early March of 2022 – with prices briefly exceeding $5.00 per pound. In May 2021, for example, the price for one metric ton of copper reached $10,512—a 130 percent price increase over March 2020.
What is the highest price copper has ever been? Historically, Copper reached an all time high of 5.02 in March of 2022.
Is copper a good investment 2022?
Meanwhile, Bank of America predicts copper prices to average $9,813 per tonne through 2022. Beyond a 2-3 year window, experts believe demand for copper will stay strong in the long term.
Is FCX undervalued? Compared to the current share price of US$37.7, the company appears potentially underpriced at a discount of over 50%.
Why is FCX down?
The market expects China to release state reserves of copper while also possibly trimming long positions and cracking down on speculative activity. FCX gets all of its revenue from gold and copper and thus a drop in price of both these commodities has led to the stock seeing a decline of close to 11% in its value.
Is Vulcan Materials a good stock? Compared to these stocks Vulcan Materials Company (NYSE:VMC) is more popular among hedge funds. Our overall hedge fund sentiment score for VMC is 84.3. Stocks with higher number of hedge fund positions relative to other stocks as well as relative to their historical range receive a higher sentiment score.
Is Vale SA a buy? Over the past four weeks, VALE has gained 12.7%. The company currently sits at a #1 (Strong Buy) on the Zacks Rank, also indicating that the stock could be poised for a breakout. Looking at VALE’s earnings expectations, investors will be even more convinced of the bullish uptrend.
Is Freeport a good investment?
The upgrade of Freeport-McMoRan to a Zacks Rank #1 positions it in the top 5% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term.
What is it like to work for Freeport-McMoRan?
Great pay and Benefits, Horrible Culture
Freeport as a company is good. Great benefits from the start and pay is ok. Upfront training is very in depth and the actual trainers really want you to succeed. Issues arise once you’re on the field. ”Mentors” on the field will contradict everything that we were trained on.