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Ecopetrol Analyst Ratings

Benzinga ·  Sep 21, 2023 05:53
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating
09/21/2023 -13.18% Jefferies → $11.2 Initiates Coverage On → Underperform
09/13/2023 -3.1% Citigroup → $12.5 Downgrades Buy → Neutral
08/23/2023 -10.85% B of A Securities → $11.5 Reinstates Neutral → Neutral
08/18/2023 7.75% Goldman Sachs $12.5 → $13.9 Maintains Neutral
06/28/2023 -3.1% Goldman Sachs $10.4 → $12.5 Maintains Neutral
05/19/2023 -14.73% UBS $12 → $11 Maintains Neutral
03/15/2023 -14.73% Goldman Sachs $12.4 → $11 Maintains Neutral
02/09/2023 UBS Downgrades Buy → Neutral
01/27/2023 -3.88% Goldman Sachs $10.3 → $12.4 Maintains Neutral
12/21/2022 0.78% UBS $14 → $13 Maintains Buy
12/16/2021 13.95% Goldman Sachs → $14.7 Downgrades Buy → Neutral
11/29/2021 27.91% JP Morgan → $16.5 Upgrades Underweight → Neutral
03/15/2021 B of A Securities Upgrades Underperform → Buy
01/28/2021 -14.73% JP Morgan $15 → $11 Downgrades Neutral → Underweight
11/24/2020 8.53% JP Morgan → $14 Downgrades Overweight → Neutral
03/24/2020 -3.88% Goldman Sachs $18 → $12.4 Upgrades Sell → Buy
12/19/2019 86.05% JP Morgan $20 → $24 Upgrades Neutral → Overweight
12/17/2019 39.53% Goldman Sachs → $18 Initiates Coverage On → Sell
09/12/2019 58.91% HSBC $21 → $20.5 Upgrades Hold → Buy
04/05/2019 55.04% 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 Jefferies on September 21, 2023. The analyst firm set a price target for $11.20 expecting EC to fall to within 12 months (a possible -13.18% downside). 10 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 Jefferies, and Ecopetrol initiated their underperform 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 September 21, 2023 so you should expect the next rating to be made available sometime around September 21, 2024.

Is the Analyst Rating Ecopetrol (EC) correct?

While ratings are subjective and will change, the latest Ecopetrol (EC) rating was a initiated with a price target of $0.00 to $11.20. The current price Ecopetrol (EC) is trading at is $12.90, 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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