Freeport-McMoRan Inc. engages in the mining of mineral properties in North America, South America, and Indonesia. The company primarily explores for copper, gold, molybdenum, silver, and other metals, as well as oil and gas. Its assets include the Grasberg minerals district in Indonesia; Morenci, Bagdad, Safford, Sierrita, and Miami in Arizona; Tyrone and Chino in New Mexico; and Henderson and Climax in Colorado, North America, as well as Cerro Verde in Peru and El Abra in Chile. The company also operates a portfolio of oil and gas properties primarily located in offshore California and the Gulf of Mexico. As of December 31, 2020, it operated approximately 165 wells. The company was formerly known as Freeport-McMoRan Copper & Gold Inc. and changed its name to Freeport-McMoRan Inc. in July 2014. Freeport-McMoRan Inc. was incorporated in 1987 and is headquartered in Phoenix, Arizona.
IPO Year:
Exchange: NYSE
Website: fcx.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
6/16/2025 | $48.00 | Sector Perform → Sector Outperform | Scotiabank |
4/16/2025 | $39.00 | Peer Perform → Outperform | Wolfe Research |
3/20/2025 | $48.00 → $52.00 | Neutral → Overweight | Analyst |
3/6/2025 | $47.00 | Hold → Buy | Deutsche Bank |
2/27/2025 | $40.00 → $48.00 | Hold → Buy | Jefferies |
1/31/2025 | Buy → Hold | Argus | |
1/24/2025 | $48.00 → $40.00 | Buy → Hold | Jefferies |
1/7/2025 | $51.00 → $46.00 | Outperform → Mkt Perform | Bernstein |
9/30/2024 | $52.00 | Sector Outperform → Sector Perform | Scotiabank |
9/4/2024 | $54.00 → $55.00 | Neutral → Buy | UBS |
4 - FREEPORT-MCMORAN INC (0000831259) (Issuer)
4 - FREEPORT-MCMORAN INC (0000831259) (Issuer)
4 - FREEPORT-MCMORAN INC (0000831259) (Issuer)
4 - FREEPORT-MCMORAN INC (0000831259) (Issuer)
4 - FREEPORT-MCMORAN INC (0000831259) (Issuer)
4 - FREEPORT-MCMORAN INC (0000831259) (Issuer)
4 - FREEPORT-MCMORAN INC (0000831259) (Issuer)
4 - FREEPORT-MCMORAN INC (0000831259) (Issuer)
4 - FREEPORT-MCMORAN INC (0000831259) (Issuer)
4 - FREEPORT-MCMORAN INC (0000831259) (Issuer)
Scotiabank upgraded Freeport-McMoRan from Sector Perform to Sector Outperform and set a new price target of $48.00
Wolfe Research upgraded Freeport-McMoRan from Peer Perform to Outperform and set a new price target of $39.00
Analyst upgraded Freeport-McMoRan from Neutral to Overweight and set a new price target of $52.00 from $48.00 previously
Deutsche Bank upgraded Freeport-McMoRan from Hold to Buy and set a new price target of $47.00
Jefferies upgraded Freeport-McMoRan from Hold to Buy and set a new price target of $48.00 from $40.00 previously
Argus downgraded Freeport-McMoRan from Buy to Hold
Jefferies downgraded Freeport-McMoRan from Buy to Hold and set a new price target of $40.00 from $48.00 previously
Bernstein downgraded Freeport-McMoRan from Outperform to Mkt Perform and set a new price target of $46.00 from $51.00 previously
Scotiabank downgraded Freeport-McMoRan from Sector Outperform to Sector Perform and set a new price target of $52.00
UBS upgraded Freeport-McMoRan from Neutral to Buy and set a new price target of $55.00 from $54.00 previously