What is Scotiabank's price target for FCX?

Scotiabank's latest stated price target for Freeport-McMoRan Inc. (FCX) is $47, from its action on Nov 19, 2025.

What is Scotiabank's rating on FCX?

Scotiabank rates FCX Sector Outperform, a bullish rating, as of Nov 19, 2025.

When did Scotiabank last change its view on FCX?

On Nov 19, 2025, Scotiabank upgrades to Sector Outperform from Sector Perform, price target $47.

Scotiabank FCX price target and rating history

Freeport-McMoRan Inc. (FCX) · Basic Materials

Scotiabank rates Freeport-McMoRan Inc. (FCX) Sector Outperform with a $47 price target, as of its latest action on Nov 19, 2025. It has published 6 rating actions on FCX since November 2022, including 3 upgrades and 3 downgrades. Across 5 firms with a FCX price target in the last 12 months, the median target is $66. Scotiabank's $47 is 29% below that.

Current rating: Sector Outperform
Price target: $47
Median target, all firms: $66
Actions on FCX: 6

Scotiabank price target on FCX

Scotiabank price target on FCX, each point a stated target, November 2022 to November 2025.

Every Scotiabank rating on FCX

Nov 19, 2025
UpgradeScotiabank upgrades to Sector Outperform from Sector Perform, price target $47
Sep 25, 2025
DowngradeScotiabank downgrades to Sector Perform from Sector Outperform, price target $45
Jun 16, 2025
UpgradeScotiabank upgrades to Sector Outperform from Sector Perform, price target $48
Sep 30, 2024
DowngradeScotiabank downgrades to Sector Perform from Sector Outperform, price target $52
Mar 14, 2023
UpgradeScotiabank upgrades to Sector Outperform from Sector Perform, price target $41 to $50
Nov 11, 2022
DowngradeScotiabank downgrades to Sector Perform from Sector Outperform, price target $34

How other firms rate FCX

Each firm's latest rating and stated target in the last 12 months.

Firm	Rating	Price target	Date
Erste Group	Buy		Aug 27, 2026
Barclays	Overweight	$77	May 22, 2026
Morgan Stanley	Equal-Weight	$66	Apr 24, 2026
Goldman Sachs	Buy	$70	Apr 3, 2026
Argus Research	Buy		Feb 13, 2026
Clarksons Platou	Buy	$46	Nov 19, 2025
Scotiabank	Sector Outperform	$47	Nov 19, 2025

Questions about Scotiabank and FCX

What is Scotiabank's price target for FCX?: Scotiabank's latest stated price target for Freeport-McMoRan Inc. (FCX) is $47, from its action on Nov 19, 2025.
What is Scotiabank's rating on FCX?: Scotiabank rates FCX Sector Outperform, a bullish rating, as of Nov 19, 2025.
When did Scotiabank last change its view on FCX?: On Nov 19, 2025, Scotiabank upgrades to Sector Outperform from Sector Perform, price target $47.
How does Scotiabank's FCX target compare with other analysts?: Across 5 firms with a FCX price target in the last 12 months, the median target is $66. Scotiabank's $47 is 29% below that.

More FCX rating histories

All Scotiabank ratings FCX news and filings Every analyst firm

From rating actions in the Quantisnow feed. A target holds until the firm states a new one; a reiteration with no target keeps the last one. Not investment advice.