Riding The Wave: Freeport-McMoRan Receives Upgrade As Analyst Foresees Copper And Gold Boom
Riding The Wave: Freeport-McMoRan Receives Upgrade As Analyst Foresees Copper And Gold Boom
The analyst's rating reflects the company's successful transition to underground, block cave mining at Grasberg, more normalized copper production in the future and value-enhancing growth options, including low-grade leaching.Freeport-McMoRan Inc. (NYSE:FCX) shares are trading higher after BofA Securities analyst Lawson Winder upgraded the stock to Buy (from Neutral) with a price target of $59.
美国银行证券分析师劳森·温德将该股上调至买入（从中性），目标股价为59美元，此后，弗里波特-麦克莫兰铜金公司（纽约证券交易所代码：FCX）股价走高。
The bullish stance was due to expected higher quality copper leverage, robust and rising free cash flow, and material gold revenue (15% of the total).
看涨立场是由于预期铜的杠杆率会更高，自由现金流强劲且不断增加，以及物质黄金收入（占总收入的15％）。
Related: Will Copper Reach $10,000? 'An Essential Metal That Faces An Uncertain Future'
相关: 铜价会达到10,000美元吗？“面临不确定未来的必需金属”
The analyst's rating reflects the company's successful transition to underground, block cave mining at Grasberg, more normalized copper production in the future and value-enhancing growth options, including low-grade leaching.
分析师的评级反映了该公司成功过渡到地下、格拉斯伯格的区块洞穴采矿、未来铜产量更加正常化以及包括低品位浸出在内的增值增长选项。
The BofA Commodities team is now materially more bullish on gold prices and gave a constructive outlook on copper given robust energy transition demand and constrained supply.
鉴于强劲的能源转型需求和供应受限，美银大宗商品团队现在对金价更加看好，并对铜给出了建设性的展望。
The analyst estimates FY24 average price for gold to increase by 17% to $2,317 per ounce (/oz), silver to rise 14% to $26.5/oz, and copper to be higher by 8% to $9,321 per tonne (/t) or $4.23 per pound (/lb).
分析师估计，24财年黄金的平均价格将上涨17％，至每盎司2317美元，白银将上涨14％，至26.5美元/盎司，铜价将上涨8％，至每吨9,321美元（/吨）或每磅4.23美元（/磅）。
Also Read: Bank Of America Sees Gold At $3,000, Warns Of A Copper Supply Crisis: Metals 'Dance To Their Own Tune'
另请阅读: 美国银行预计黄金价格为3,000美元，警告铜供应危机：金属 “随心所欲”
The analyst estimates EPS of $1.43 in FY24, $2.39 in FY25 and $2.45 in FY26 for the company.
该分析师估计，该公司的24财年每股收益为1.43美元，25财年为2.39美元，26财年每股收益为2.45美元。
Investors can gain exposure to the stock via Exchange Traded Concepts Trust Optica Rare Earths & Critical Materials ETF (NYSE:CRIT) and VanEck Green Metals ETF (NYSE:GMET).
投资者可以通过交易所交易的概念信托基金Optica稀土与关键材料ETF（纽约证券交易所代码：CRIT）和VanEck绿色金属ETF（纽约证券交易所代码：GMET）获得股票敞口。
Price Action: FCX shares are up 2.02% at $51.01 on the last check Tuesday.
价格走势：在周二的最后一次支票中，FCX股价上涨2.02％，至51.01美元。
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