Key Insights:
- Ecopetrol (EC, Financial) announces a substantial dividend yield of 6.32%.
- Analyst price targets suggest a potential upside of 27.86%.
- Current brokerage consensus indicates a "Hold" recommendation.
Ecopetrol (EC) recently declared an annual dividend of $0.5202 per share, offering an attractive forward yield of 6.32%. This dividend is scheduled for payment on May 6, with a record date of April 28 and an ex-dividend date the same day.
Wall Street Analysts Forecast
According to price targets provided by 10 analysts, the average target price for Ecopetrol SA (EC, Financial) stands at $10.74. This average encompasses a high estimate of $25.00 and a low of $7.00, indicating the potential for a 27.86% increase from the current price of $8.40. For more detailed target information, visit the Ecopetrol SA (EC) Forecast page.
In terms of analyst recommendations, the consensus from 11 brokerage firms rates Ecopetrol SA (EC, Financial) with an average score of 3.3, suggesting a "Hold" status on a scale where 1 indicates a Strong Buy and 5 indicates a Sell. This consensus highlights the cautious stance of analysts regarding immediate strong movements in stock pricing.
GuruFocus estimates reveal that the GF Value of Ecopetrol SA (EC, Financial) over the next year is $9.47. This suggests a potential upside of 12.74% from its current trading level of $8.40. The GF Value provides an assessment based on historical trading multiples, past business growth, and future performance predictions. For further insights, check the Ecopetrol SA (EC) Summary page.
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