Freeport-McMoRan Inc. (FCX) is currently trading at $62.45 with a Wall Street consensus price target of $70.5, implying potential upside of 12.9% over the next 12 months. 22 analysts currently cover FCX, with a consensus rating of Buy — 86% of analysts rate the stock a Buy or Strong Buy. The most bullish analyst has a price target of $85.0, while the most cautious has a target of $31.0.
FCX operates in the Basic Materials sector with a market capitalisation of $90B. The stock is up 20.8% year-to-date and is currently trading near the upper end of its 52-week range of $35.15 – $72.28.
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