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Freeport-McMoRan Inc (NYSE:FCX): Analyst’s Estimations

(NYSE:FCX) stock started to decline, and has lost by roughly 4%. This rating was issued on 11/30/16. Over the 52-week time span, the stock notched a high price of $17.06 and its minimum price was $4.02. Jefferies Group set a $19.00 target price on shares of Freeport-McMoRan and gave the company a buy rating in a research note on Monday, January 9th. Freeport-McMoran presently has a consensus rating of Hold and an average target price of $11.38.

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According to the analysts, Freeport-McMoRan Inc. In Freeport-McMoRan Inc (NYSE:FCX)’s last 12 earnings reports, it has beaten EPS estimates 58% of the time. Bank of America Initiates Coverage On the stock to Underperform on 10/17/16 with no specific Price Target. News & Ratings Via Email – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Freeport-McMoran Copper & Gold, Inc. with MarketBeat.com’s FREE daily email newsletter.

Freeport-McMoRan Inc. has been operating with a total market capitalizations of 22802.38 and has reported a price of 15.95 today, highlighting a positive change of -6.29%. Different analysts and financial institutions use various valuation methods and take into account different economic forces when deciding on a price target.

Several sell side analysts reviewed their recommendations on Freeport-McMoRan Inc. While it’s Return on Investment (ROI) value is -40.5%. This is no way is a recommendation to buy or sell Freeport-McMoRan Inc.

Freeport-McMoRan Inc. (NYSE:FCX) has its dividend (annual) of 0 while its Dividend Yield (annual) is 0%. These analysts have also projected a Low Estimate of $0.13/share and a High Estimate of $0.55/share.

Vale S.A. (NYSE:VALE) shares moved to $10.78 after starting the day at $10.6700 on Wednesday.

SU price to current year EPS stands at -174.90%. In the matter of earnings surprises, it can have a huge impact on a company’s stock price.

Along with these its year to date performance is standing at 19.18%. The stock traded with the volume of 70.02 Million shares in the last trading session.

Recently analysts working for numerous investment brokerages have updated their research report ratings and price targets on shares of Freeport-McMoran Copper & Gold, Inc.

The company reported unit cash costs after by-product credits of $1.26 per pound in 2016, compared to its guidance of $1.20 per pound. The stock’s closing price was $12.68 with the gain of 2.42% in its share price on the day following the earning announcement. The most expectant earnings per share estimate of the stock is set at $0.37 while the conservative estimates kept at $0.24 over the current year.

12/01/2016 – Freeport-McMoran Copper & Gold, Inc. had its “neutral” rating reiterated by analysts at UBS.

If we look at the Volatility of the company, Week Volatility is 3.30%, whereas Month Volatility is at 3.59%.

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The stock now has its Annual Dividend of $0 and an annual Dividend Yield of 0 Percent. FCX’s value Change from Open was at 0.00% with a Gap of 1.35%.

Freeport shares plunge on Grasberg troubles