Barclays maintains Freeport-McMoran at Underweight, PT $29.00

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Barclays maintains Freeport-McMoran at Underweight, PT $29.00

A Barclays analyst maintained Freeport-McMoran (NYSE: FCX) at Underweight and a price target of $29.00 from a prior price target of $24.00.

Prior to this rating, Freeport-McMoran had 9 buy ratings, 10 hold ratings, and 1 sell ratings.

For consensus analyst estimates and price targets on Freeport-McMoran, click here. For more news on Freeport-McMoran, click here.

Freeport-McMoran's stock price closed at $41.36. They are up 9.45% in the last month and down -1.31% in the last 12 months.

According to Investing Pro, Freeport-McMoran's fair value is $47.04, an upside of 13.73%. Freeport-McMoran's fair value comes with a medium degree of uncertainty, according to InvestingPro.

Check out Freeport-McMoran's recent earnings performance and financials here.

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