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Ecopetrol Analyst Ratings

Benzinga ·  Aug 18, 2023 08:37
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating
08/18/2023 24.33% Goldman Sachs $12.5 → $13.9 Maintains Neutral
06/28/2023 11.81% Goldman Sachs $10.4 → $12.5 Maintains Neutral
05/19/2023 -1.61% UBS $12 → $11 Maintains Neutral
03/15/2023 -1.61% Goldman Sachs $12.4 → $11 Maintains Neutral
02/09/2023 UBS Downgrades Buy → Neutral
01/27/2023 10.91% Goldman Sachs $10.3 → $12.4 Maintains Neutral
12/21/2022 16.28% UBS $14 → $13 Maintains Buy
12/16/2021 31.48% Goldman Sachs → $14.7 Downgrades Buy → Neutral
11/29/2021 47.58% JP Morgan → $16.5 Upgrades Underweight → Neutral
03/15/2021 B of A Securities Upgrades Underperform → Buy
01/28/2021 -1.61% JP Morgan $15 → $11 Downgrades Neutral → Underweight
11/24/2020 25.22% JP Morgan → $14 Downgrades Overweight → Neutral
03/24/2020 10.91% Goldman Sachs $18 → $12.4 Upgrades Sell → Buy
12/19/2019 114.67% JP Morgan $20 → $24 Upgrades Neutral → Overweight
12/17/2019 61% Goldman Sachs → $18 Initiates Coverage On → Sell
09/12/2019 83.36% HSBC $21 → $20.5 Upgrades Hold → Buy
04/05/2019 78.89% JP Morgan $14 → $20 Upgrades Underweight → Neutral
10/22/2018 Raymond James Upgrades Underperform → Market Perform

What is the target price for Ecopetrol (EC)?

The latest price target for Ecopetrol (NYSE: EC) was reported by Goldman Sachs on August 18, 2023. The analyst firm set a price target for $13.90 expecting EC to rise to within 12 months (a possible 24.33% upside). 7 analyst firms have reported ratings in the last year.

What is the most recent analyst rating for Ecopetrol (EC)?

The latest analyst rating for Ecopetrol (NYSE: EC) was provided by Goldman Sachs, and Ecopetrol maintained their neutral rating.

When is the next analyst rating going to be posted or updated for Ecopetrol (EC)?

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Ecopetrol, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Ecopetrol was filed on August 18, 2023 so you should expect the next rating to be made available sometime around August 18, 2024.

Is the Analyst Rating Ecopetrol (EC) correct?

While ratings are subjective and will change, the latest Ecopetrol (EC) rating was a maintained with a price target of $12.50 to $13.90. The current price Ecopetrol (EC) is trading at is $11.18, which is out of the analyst's predicted range.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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