Freeport-McMoRan Gets a Sell Rating from Berenberg Bank


In a report issued on June 28, Fawzi Hanano from Berenberg Bank maintained a Sell rating on Freeport-McMoRan (NYSE: FCX), with a price target of $14.75. The company’s shares opened today at $17.02.

According to TipRanks.com, Hanano is ranked #4475 out of 4825 analysts.

Freeport-McMoRan has an analyst consensus of Moderate Buy, with a price target consensus of $19.82.

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The company has a one-year high of $20.25 and a one-year low of $11.71. Currently, Freeport-McMoRan has an average volume of 16.78M.

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Freeport-McMoRan, Inc. engages in the mining of copper, gold, and molybdenum. It operates through the following segments: North America Copper Mines; South America Mining; Indonesia Mining; Molybdenum Mines; Rod and Refining; Atlantic Copper Smelting and Refining; and Corporate, Other, and Eliminations.

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