The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 21 "strong buy" or "buy", 4 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the specialty mining & metals peer group is "buy"
Wall Street's median 12-month price target for Freeport-McMoRan Inc is $74.00, about 13.8% above its July 22 closing price of $65.00
The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 18 three months ago