BofA raises target for Ecopetrol stock to USD 13.00

Published on 10/20/2026 at 19:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Ecopetrol canceled an LNG tender on October 19, 2026. Ecopetrol stock costs EUR 15.78 on October 20, 2026 at 7:29 p.m. CEST.

Analyst target and gas decision

BofA raised its Ecopetrol target from USD 11.00 to USD 13.00 on October 14, 2026.
Ecopetrol canceled its LNG import tender on October 19, 2026.
Ecopetrol stock costs EUR 15.78 at Lang & Schwarz on October 20, 2026 at 7:29 p.m. CEST.

EC, US2791581091, Illustration mit AI erstellt.

Ecopetrol (ISIN US2791581091) faces a lower valuation benchmark after BofA raised its price target from USD 11.00 to USD 13.00 on October 14, 2026, while keeping an Underperform rating, as Markets Insider reported. Ecopetrol was trading at EUR 15.78 at Lang & Schwarz on October 20, 2026 at 7:29 p.m. CEST.

BofA target stays below NYSE price

The BofA target remains USD 4.75 below Ecopetrol's NYSE price of USD 17.75 at 1:33 p.m. ET on October 20, 2026. That places the target 26.76 percent below the NYSE price, a sharper gap than the target change alone suggests.

The target moved up by USD 2.00, or 18.18 percent, from USD 11.00. BofA still kept its Underperform rating, so the higher valuation assumption did not translate into a more positive stated view.

Gas tender adds operating context

Ecopetrol canceled efforts to buy imported liquefied natural gas on October 19, 2026, after its commercial review found that the offers did not preserve supply competitiveness, expected profitability or an acceptable risk level, according to Pipeline and Gas Journal. The decision connects Ecopetrol's gas strategy with profitability and supply-risk controls rather than with a simple volume expansion.

Range leaves a clear valuation frame

The NYSE quote stands within a 52-week range of USD 8.57 to USD 18.38 as of October 20, 2026. At USD 17.75, the stock sits USD 0.63 below its 52-week high, while the company's market capitalization is USD 36.5 billion.

Ecopetrol operates across exploration and production, transportation and logistics, refining and petrochemicals. That integrated structure gives the company several operating businesses, but the October 19 LNG decision shows how supply economics can shape capital allocation.

Ecopetrol price in euros

For investors in Germany, the euro quotation was EUR 15.78 at Lang & Schwarz on October 20, 2026 at 7:29 p.m. CEST. The available valuation markers are the BofA target of USD 13.00 and the NYSE 52-week range of USD 8.57 to USD 18.38.

The further course of trading is shown by the continuously updated real-time quote of Ecopetrol stock.