Stock Update: Freeport-McMoRan Copper & Gold Inc (NYSE:FCX) – STOCK ALERT: Rosen Law Firm Reminds Freeport-McMoRan Inc. Investors of the Important Deadline in Class Action – FCX

[Business Wire] – Rosen Law Firm, a global investor rights law firm, reminds purchasers of Freeport-McMoRan Inc. securities from February 27, 2015 through January 15, 2016, all dates inclusive of the important March 28, 2016 lead plaintiff deadline. Read more on this. Freeport-McMoRan Inc. (FCX) , currently valued at $6.22B, opened at $4.98. Today’s price range has been between $4.78 and $5.13 per share with a trailing 52-week range being $3.52 to $23.97. FCX shares are currently priced at 32.94x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry ’s 43.17x earnings multiple. According to a consensus of 13 analysts, the earnings estimate of $-0.19 per share would be $0.00 better than the year-ago quarter and a $0.21 sequential increase. Investors should also note that the full-year EPS estimate of $0.16 is a $0.24 better when compared to the previous year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $3.46 Billion. If realized, that would be a 16.63% decrease over the year-ago quarter. More recently, Argus downgraded FCX from Buy to Hold (Feb 3, 2016). Previously, Jefferies downgraded FCX from Buy to Hold. The average price target for FCX shares by the analysts covering it is $7.18, which is 44.18% above where the stock opened. See more in (NYSE:FCX) Similar Articles: Company Update: Freeport-McMoRan Copper & Gold Inc (NYSE:FCX) – SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders With Losses on Their Investment in Freeport-McMoRan Inc. of Class Action Lawsuit and Upcoming Deadline – FCX Stock Update: Freeport-McMoRan Copper & Gold Inc (NYSE:FCX) – INVESTOR ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Freeport-McMoRan Inc. of Class Action Lawsuit and a Lead Plaintiff Deadline of March 28, 2016 — FCX Market Update: Freeport-McMoRan Copper & Gold Inc (NYSE:FCX) – Freeport-McMoRan Declares Quarterly Cash Dividend on Common Stock