Education
About Us
Working with TipRanks
Follow Us
Ecopetrol (EC)
:EC
EC Analyst Ratings
Moderate Sell
0 Buy
0 Hold
1 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
EC Stock 12 Month Forecast
Average Price Target
$7.00
▼(-19.91% Downside)
| Highest Price Target$7.00 | Average Price Target$7.00 | Lowest Price Target$7.00 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Detailed List of Analyst Forecasts
Bank of America Securities
$7
Sell
-19.91%
Downside
Reiterated
10/28/25
Ecopetrol SA Faces Economic Pressures and Operational Challenges Amid Volatile Oil MarketWe had the opportunity to meet with the management team – Rafael Guzmán (VP Barco (VP Finance). We share some takeaways. Prioritizing opex efficiency over capex reduction Ecopetrol’s management acknowledged rising lifting costs, driven by inflation, FX depreciation, and operational inefficiencies. The company is focused on cost-reduction initiatives, including pump reliability, cheaper energy sourcing, and reduced diluent use (mainly naphtha). Management reaffirmed its goal of keeping lifting costs stable this year. Capex remains within the guidance of COP 5.8–6.3tn, and no major cuts expected for 2026, as the company prioritizes opex optimization to preserve FCF.
TR | OpenAI - 4o
$9.5→$10
Buy
14.42%
Upside
Reiterated
10/24/25
AI Generated ArticleAI Generated Article
Banco Santander
$8.6→$10
Hold
14.42%
Upside
Upgraded
07/02/25
J.P. Morgan
$9→$8.5
Hold
-2.75%
Downside
Reiterated
05/16/25
Citi
$9→$14
Buy
60.18%
Upside
Upgraded
02/17/25
Ecopetrol SA: Buy Rating Reaffirmed Amid Political and Economic TailwindsWe also discuss structural challenges for its operational business. We upgrade EC to Buy/High Risk as we see considerable room for valuation rerating albeit politics remains a key concern ahead of Presidential elections due next year. Model update — We update our model to factor in following changes (i) reduce our WACC assumption from 12% to 10%, (ii) restore our probable reserves case into our core NAV, as we believe new oil exploration bidding rounds would likely take place in Colombia under a new administration (iii) increase our midstream multiple to 7.0x from 6.0x, also supported by likely new rounds which may expand R/P life and (iv) include our Commodities team’s new 2025 oil price forecasts of $67/bbl (prev. $60/bbl). This lifts our TP to $14.0/ADR (from $9.0/ADR before).
Jefferies
$6.8→$8.1
Sell
-7.32%
Downside
Reiterated
02/07/25
UBS
$11→$8
Hold
-8.47%
Downside
Reiterated
12/23/24
Morgan Stanley
$9
Sell
2.97%
Upside
Reiterated
12/02/24
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
Bank of America Securities
$7
Sell
-19.91%
Downside
Reiterated
10/28/25
Ecopetrol SA Faces Economic Pressures and Operational Challenges Amid Volatile Oil MarketWe had the opportunity to meet with the management team – Rafael Guzmán (VP Barco (VP Finance). We share some takeaways. Prioritizing opex efficiency over capex reduction Ecopetrol’s management acknowledged rising lifting costs, driven by inflation, FX depreciation, and operational inefficiencies. The company is focused on cost-reduction initiatives, including pump reliability, cheaper energy sourcing, and reduced diluent use (mainly naphtha). Management reaffirmed its goal of keeping lifting costs stable this year. Capex remains within the guidance of COP 5.8–6.3tn, and no major cuts expected for 2026, as the company prioritizes opex optimization to preserve FCF.
TR | OpenAI - 4o
$9.5→$10
Buy
14.42%
Upside
Reiterated
10/24/25
AI Generated ArticleAI Generated Article
Banco Santander
$8.6→$10
Hold
14.42%
Upside
Upgraded
07/02/25
J.P. Morgan
$9→$8.5
Hold
-2.75%
Downside
Reiterated
05/16/25
Citi
$9→$14
Buy
60.18%
Upside
Upgraded
02/17/25
Ecopetrol SA: Buy Rating Reaffirmed Amid Political and Economic TailwindsWe also discuss structural challenges for its operational business. We upgrade EC to Buy/High Risk as we see considerable room for valuation rerating albeit politics remains a key concern ahead of Presidential elections due next year. Model update — We update our model to factor in following changes (i) reduce our WACC assumption from 12% to 10%, (ii) restore our probable reserves case into our core NAV, as we believe new oil exploration bidding rounds would likely take place in Colombia under a new administration (iii) increase our midstream multiple to 7.0x from 6.0x, also supported by likely new rounds which may expand R/P life and (iv) include our Commodities team’s new 2025 oil price forecasts of $67/bbl (prev. $60/bbl). This lifts our TP to $14.0/ADR (from $9.0/ADR before).
Jefferies
$6.8→$8.1
Sell
-7.32%
Downside
Reiterated
02/07/25
UBS
$11→$8
Hold
-8.47%
Downside
Reiterated
12/23/24
Morgan Stanley
$9
Sell
2.97%
Upside
Reiterated
12/02/24
Best Analysts Covering Ecopetrol SA
1 Month
xxx
Success Rate
5/9 ratings generated profit
Average Return
+1.84%
reiterated a xxx
rating 15 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 55.56% of your transactions generating a profit, with an average return of +1.84% per trade.
3 Months
xxx
Success Rate
6/9 ratings generated profit
Average Return
+2.78%
reiterated a xxx
rating 15 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 66.67% of your transactions generating a profit, with an average return of +2.78% per trade.
1 Year
Success Rate
5/9 ratings generated profit
Average Return
+0.77%
reiterated a buy rating 15 days ago
Copying James Petrolyn's trades and holding each position for 1 Year would result in 55.56% of your transactions generating a profit, with an average return of +0.77% per trade.
2 Years
xxx
Success Rate
5/9 ratings generated profit
Average Return
+0.77%
reiterated a xxx
rating 15 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 55.56% of your transactions generating a profit, with an average return of +0.77% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
EC Analyst Recommendation Trends
Rating
Jun 25
Jul 25
Aug 25
Sep 25
Oct 25
Strong Buy
0
0
0
0
0
Buy
6
7
9
9
9
Hold
3
4
3
2
1
Sell
2
1
1
1
2
Strong Sell
0
0
0
0
0
total
11
12
13
12
12
Each month's total comprises the sum of three months' worth of ratings.
EC Financial Forecast
EC Stock Forecast FAQ
What is EC’s average 12-month price target, according to analysts?
Based on analyst ratings, Ecopetrol’s 12-month average price target is 7.00.
What is EC’s upside potential, based on the analysts’ average price target?
Currently there's no upside potential for EC, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is EC a Buy, Sell or Hold?
Ecopetrol has a consensus rating of Moderate Sell which is based on 0 buy ratings, 0 hold ratings and 1 sell ratings.
What is Ecopetrol’s price target?
The average price target for Ecopetrol is 7.00. This is based on 1 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $7.00 ,the lowest forecast is $7.00. The average price target represents -19.91% Decrease from the current price of $8.74.
The highest analyst price target is $7.00 ,the lowest forecast is $7.00. The average price target represents -19.91% Decrease from the current price of $8.74.
What do analysts say about Ecopetrol?
Ecopetrol’s analyst rating consensus is a Moderate Sell. This is based on the ratings of 1 Wall Streets Analysts.
How can I buy shares of EC?
Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.