Raymond James Financial Increases Ero Copper (TSE:ERO) Price Target to C$33.00

Ero Copper (TSE:EROGet Free Report) had its price objective raised by equities researchers at Raymond James Financial from C$28.00 to C$33.00 in a note issued to investors on Friday,BayStreet.CA reports. Raymond James Financial’s price target would suggest a potential upside of 10.37% from the stock’s previous close. Raymond James Financial also issued estimates for Ero Copper’s Q4 2025 earnings at $1.38 EPS and Q4 2026 earnings at $1.12 EPS.

A number of other analysts also recently issued reports on the company. Desjardins dropped their price target on Ero Copper from C$25.00 to C$23.00 and set a “hold” rating for the company in a research report on Tuesday, August 5th. National Bank Financial downgraded Ero Copper from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 8th. Stifel Canada upgraded Ero Copper to a “strong-buy” rating in a research report on Tuesday, July 8th. Scotiabank boosted their target price on Ero Copper from C$24.00 to C$26.00 in a research report on Monday, June 16th. Finally, CIBC downgraded Ero Copper from an “outperform” rating to a “neutral” rating and boosted their target price for the stock from C$22.50 to C$37.00 in a research report on Friday. Two equities research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, Ero Copper presently has an average rating of “Moderate Buy” and an average price target of C$28.33.

Read Our Latest Stock Analysis on Ero Copper

Ero Copper Stock Performance

Shares of ERO opened at C$29.90 on Friday. The company has a market cap of C$3.10 billion, a PE ratio of 21.67, a price-to-earnings-growth ratio of -0.72 and a beta of 1.52. The company has a current ratio of 0.68, a quick ratio of 1.43 and a debt-to-equity ratio of 83.17. The stock has a 50-day moving average price of C$22.79 and a 200-day moving average price of C$20.30. Ero Copper has a 12-month low of C$13.17 and a 12-month high of C$33.50.

About Ero Copper

(Get Free Report)

Ero Copper Corp is a base metals mining company. It is focused on the production and sale of copper from the Vale do Curaca Property in Brazil, with gold and silver produced and sold as by-products from the same. Ero’s operations are segmented between MCSA, NX Gold, and corporate. Ore is processed using conventional crushing and flotation at the Caraiba Mill, located adjacent to the Pilar underground mine.

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Analyst Recommendations for Ero Copper (TSE:ERO)

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