Analyst Reco. Ecopetrol S.A.

Equities

ECOPETROL

COC04PA00016

Oil & Gas Exploration and Production

End-of-day quote Bolsa De Valores De Colombia Other stock markets 06/03/2026			5-day change	1st Jan Change
2,425.00 ^COP	+2.32%		+8.26%	+29.68%

06/03	LatAm assets resume slide as Middle East conflict presses on	RE
05/03	Colombia's Ecopetrol eyes investments on higher oil prices, Venezuela deals	RE

Analyst Reco.

18/25/18	Citigroup Upgrades Ecopetrol to Buy From Neutral, Adjusts Price Target to $14 From $9	MT
13/25/13	JPMorgan Upgrades Ecopetrol to Neutral From Underweight, Raises Price Target to $9.50 From $7.50	MT
30/25/30	Bradesco Upgrades Ecopetrol to Outperform From Neutral, $12 Price Target	MT
25/24/25	JPMorgan Downgrades Ecopetrol S.A to Underweight From Neutral, Adjusts Price Target to $8.50 From $12	MT
18/24/18	Goldman Sachs Raises Price Target on Ecopetrol to $11.90 From $10.30, Maintains Neutral Rating	MT
21/24/21	Goldman Sachs Adjusts Ecopetrol's Price Target to $10.30 From $12, Maintains Neutral Rating	MT
21/23/21	Jefferies Starts Ecopetrol at Underperform With $11.20 Price Target	MT
13/23/13	Citigroup Downgrades Ecopetrol to Neutral From Buy, Price Target is $12.50	MT
23/23/23	BofA Securities Reinstates Ecopetrol at Neutral With $11.50 Price Target	MT
18/23/18	Goldman Sachs Adjusts Price Target on Ecopetrol to $13.90 From $12.50, Maintains Neutral Rating	MT
28/23/28	Goldman Sachs Raises Price Target on Ecopetrol to $12.50 From $10.40, Keeps Neutral Rating	MT
19/23/19	UBS Adjusts Ecopetrol's Price Target to $11 From $12, Maintains Neutral Rating	MT
23/23/23	UBS Adjusts Ecopetrol S.A Price Target to $12 From $13, Maintains Neutral Rating	MT
15/23/15	Goldman Sachs Adjusts Price Target on Ecopetrol to $11 From $12.40, Maintains Neutral Rating	MT
09/23/09	UBS Downgrades Ecopetrol to Neutral From Buy, $13 Price Target	MT
27/23/27	Goldman Sachs Raises Price Target on Ecopetrol to $12.40 From $10.30, Maintains Neutral Rating	MT
21/22/21	UBS Adjusts Price Target on Ecopetrol to $13 From $14, Maintains Buy Rating	MT
02/22/02	Morgan Stanley Downgrades Ecopetrol to Equalweight From Overweight, Sets Price Target at $18	MT
16/21/16	Goldman Sachs Downgrades Ecopetrol to Neutral From Buy	MT
29/21/29	JPMorgan Upgrades Ecopetrol to Neutral From Underweight; Price Target is $16.50	MT
17/21/17	ECOPETROL S A : UBS Adjusts Ecopetrol's Price Target to $13 From $15, Maintains Neutral Rating	MT
15/21/15	ECOPETROL S A : BofA Securities Upgrades Ecopetrol SA to Buy From Underperform; Price Target is $16.50	MT
15/21/15	ECOPETROL S A : Morgan Stanley Upgrades Ecopetrol to Overweight From Equal-Weight, Adjusts Price Target to $18.40 From $14	MT
28/21/28	ECOPETROL S A : JPMorgan Downgrades Ecopetrol to Underweight From Neutral, Adjusts Price Target to $11 From $15	MT
06/21/06	ECOPETROL S A : UBS Downgrades Ecopetrol to Neutral From Buy, Adjusts Price Target to $15 From $14	MT