Ero Copper (ERO) – Investment Analysts’ Weekly Ratings Changes

Ero Copper (TSE: ERO) recently received a number of ratings updates from brokerages and research firms:

• 2/25/2026 – Ero Copper had its price target raised by Canaccord Genuity Group Inc. from C$48.00 to C$52.00. They now have a “buy” rating on the stock.
• 2/25/2026 – Ero Copper had its price target lowered by National Bank Financial from C$56.00 to C$53.50. They now have a “sector perform” rating on the stock.
• 2/9/2026 – Ero Copper was downgraded by Bank of America Corporation from “buy” to “neutral”. They now have a C$45.00 price target on the stock, down from C$49.00.
• 2/9/2026 – Ero Copper was downgraded by Raymond James Financial, Inc. from “buy” to “hold”. They now have a C$45.00 price target on the stock, down from C$49.00.
• 2/6/2026 – Ero Copper was upgraded by ATB Cormark Capital Markets to “moderate buy”.
• 2/6/2026 – Ero Copper had its price target raised by ATB Cormark Capital Markets from C$37.00 to C$50.00. They now have a “moderate buy” rating on the stock.
• 2/6/2026 – Ero Copper had its price target lowered by Jefferies Financial Group Inc. from C$45.00 to C$38.00.
• 2/4/2026 – Ero Copper had its price target raised by Canadian Imperial Bank of Commerce from C$42.00 to C$52.00.
• 1/29/2026 – Ero Copper had its price target raised by National Bank Financial from C$43.00 to C$56.00.
• 1/26/2026 – Ero Copper had its price target raised by Desjardins from C$37.50 to C$45.00. They now have a “hold” rating on the stock.
• 1/22/2026 – Ero Copper had its price target raised by TD Securities from C$33.00 to C$45.00.
• 1/14/2026 – Ero Copper was upgraded by Canaccord Genuity Group Inc. from “hold” to “strong-buy”.
• 1/8/2026 – Ero Copper had its price target raised by Scotiabank from C$36.00 to C$45.00.
• 12/30/2025 – Ero Copper was upgraded by Freedom Capital to “strong-buy”.

Insider Buying and Selling

In other news, Director John H. Wright sold 15,000 shares of the firm’s stock in a transaction dated Thursday, January 29th. The shares were sold at an average price of C$52.11, for a total transaction of C$781,650.00. Following the completion of the transaction, the director directly owned 377,832 shares of the company’s stock, valued at approximately C$19,688,825.52. This trade represents a 3.82% decrease in their position. 10.37% of the stock is currently owned by company insiders.

Ero is a Brazil -focused, growth-oriented mining company with a diversified portfolio of copper and gold assets. Headquartered in Vancouver, B.C., the Company operates two copper mines – the Caraíba Operations in Bahia State and the Tucumã Operation in Pará State – as well as the Xavantina Operations, a producing gold mine in Mato Grosso State. In addition to its operating assets, Ero is advancing the Furnas Copper-Gold Project, located in the mineral-rich Carajás Province in Pará State, through a definitive earn-in agreement with Vale Base Metals to acquire a 60% interest in the project.