Ecopetrol SA (NYSE:EC) price target raised to $27.20 by Citigroup

ME Staff
-
0

Analyst Ratings For Ecopetrol SA (NYSE:EC)

Today, Citigroup raised its price target on Ecopetrol SA (NYSE:EC) to $27.20 per share.

There are 4 Hold Ratings, 2 Sell Ratings, no Strong Buy Ratings, no Buy Ratings on the stock.

The current consensus rating on Ecopetrol SA (NYSE:EC) is Hold with a consensus target price of $19.60 per share, a potential 6.75% upside.

Some recent analyst ratings include

  • 12/12/2018-Ecopetrol SA (NYSE:EC) gets upgraded to Neutral by UBS Group
  • 10/22/2018-Ecopetrol SA (NYSE:EC) gets upgraded to Market Perform by Raymond James
  • 5/24/2018-Ecopetrol SA (NYSE:EC) gets upgraded to Hold by HSBC
  • 3/9/2018-Ecopetrol SA (NYSE:EC) gets downgraded to Underperform by Santander
  • 2/20/2018-Ecopetrol SA (NYSE:EC) gets downgraded to Underweight by JPMorgan Chase & Co. with a price target of $12.00
  • 6/29/2017-Ecopetrol SA (NYSE:EC) gets downgraded to Sector Perform by Scotiabank

    About Ecopetrol SA (NYSE:EC)
    Ecopetrol S.A. operates as an integrated oil and gas company. It operates through three segments: Exploration and Production; Refining, Petrochemical, and Biofuels; and Transport and Logistics. The company produces crude oil and gas; and engages in the extraction, collection, treatment, storage and pumping or compression of hydrocarbons. It also transports and distributes hydrocarbons, derivatives, and products. The company has 8,500 kilometers of transportation pipeline systems. In addition, it commercializes crude oils and by-products, including fuel oil, virgin naphtha, cracked naphtha, aviation gasoline, and others; produces and markets polypropylene resin, compounds, and masterbatches; provides financing services; and offers refined and petrochemical products, as well as industrial service sales to customers. The company was formerly known as Empresa Colombiana de Petróleos and changed its name to Ecopetrol S.A. in June 2003. Ecopetrol S.A. was founded in 1948 and is based in Bogotá, Colombia.

    Recent Trading Activity for Ecopetrol SA (NYSE:EC)
    Shares of Ecopetrol SA closed the previous trading session at 18,36 −0,33 1,77 % with 18.47 shares trading hands.