TD Securities Forecasts Strong Price Appreciation for Ero Copper (TSE:ERO) Stock

Posted by ABMN Staff on Jan 24th, 2026

Ero Copper (TSE:ERO – Get Free Report) had its price objective hoisted by equities research analysts at TD Securities from C$33.00 to C$45.00 in a research report issued to clients and investors on Thursday,BayStreet.CA reports.

Other research analysts also recently issued reports about the company. Ventum Cap Mkts upgraded Ero Copper to a “strong-buy” rating in a research note on Monday, November 3rd. Freedom Capital raised Ero Copper to a “strong-buy” rating in a report on Tuesday, December 30th. Stifel Nicolaus cut shares of Ero Copper from a “buy” rating to a “hold” rating and raised their target price for the company from C$26.00 to C$37.00 in a research note on Tuesday, October 21st. Raymond James Financial boosted their target price on shares of Ero Copper from C$33.00 to C$40.00 and gave the stock an “outperform” rating in a report on Tuesday, December 2nd. Finally, Canaccord Genuity Group upgraded shares of Ero Copper from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 14th. Three research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of C$36.00.

View Our Latest Analysis on Ero Copper

Ero Copper Trading Up 5.6%

Shares of TSE:ERO opened at C$45.00 on Thursday. The company’s 50-day moving average price is C$37.09 and its two-hundred day moving average price is C$28.64. The company has a debt-to-equity ratio of 83.17, a current ratio of 0.68 and a quick ratio of 1.43. Ero Copper has a one year low of C$13.17 and a one year high of C$45.45. The stock has a market capitalization of C$4.68 billion, a PE ratio of 33.83, a price-to-earnings-growth ratio of -0.72 and a beta of 1.97.

Ero Copper (TSE:ERO – Get Free Report) last announced its quarterly earnings data on Tuesday, November 4th. The company reported C$0.27 earnings per share for the quarter. The company had revenue of C$246.59 million during the quarter. Ero Copper had a return on equity of 2.24% and a net margin of 3.45%. On average, equities analysts forecast that Ero Copper will post 4.7442244 EPS for the current fiscal year.