In a report released today, Gabriel Barra from Citi downgraded Ecopetrol SA (EC – Research Report) to a Hold, with a price target of $12.50. The company’s shares closed yesterday at $12.32.
According to TipRanks, Barra is a 2-star analyst with an average return of 57.8% and a 100.00% success rate.
Currently, the analyst consensus on Ecopetrol SA is a Hold with an average price target of $12.63.
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The company has a one-year high of $12.41 and a one-year low of $7.98. Currently, Ecopetrol SA has an average volume of 1.38M.
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Founded in 1948, Ecopetrol S.A. is an integrated oil & gas company that is engaged in the exploration, production, transport, refining, and selling of oil and gas.
Read More on EC:
- Ecopetrol issues statement regarding restructuring of McDermott International
- Ecopetrol auhorized to execute loan for up to $1B with international banks
- Super Micro raised, Dick’s Sporting downgraded: Wall Street’s top analyst calls
- Ecopetrol resumed with a Neutral at BofA
- Ecopetrol (EC) Q2 Earnings Cheat Sheet
