Ero Copper (TSE:ERO) Stock Rating Lowered by Bank of America

Ero Copper (TSE:ERO) was downgraded by equities research analysts at Bank of America from a “buy” rating to a “neutral” rating in a research report issued on Monday,BayStreet.CA reports. They presently have a C$45.00 price target on the stock, down from their previous price target of C$49.00. Bank of America‘s target price suggests a potential upside of 7.14% from the stock’s previous close.

Several other research analysts have also issued reports on ERO. Jefferies Financial Group decreased their price target on shares of Ero Copper from C$45.00 to C$38.00 in a research report on Friday, February 6th. National Bankshares lifted their target price on Ero Copper from C$43.00 to C$56.00 in a report on Thursday, January 29th. Stifel Nicolaus downgraded Ero Copper from a “buy” rating to a “hold” rating and upped their target price for the company from C$26.00 to C$37.00 in a report on Tuesday, October 21st. Canadian Imperial Bank of Commerce lifted their price target on Ero Copper from C$42.00 to C$52.00 in a research note on Wednesday, February 4th. Finally, Raymond James Financial downgraded Ero Copper from a “buy” rating to a “hold” rating and cut their price objective for the stock from C$49.00 to C$45.00 in a report on Monday. Three research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of C$42.58.

Ero Copper Stock Down 2.5%

ERO stock opened at C$42.00 on Monday. The firm’s 50-day moving average is C$40.39 and its two-hundred day moving average is C$30.98. The company has a market capitalization of C$4.36 billion, a price-to-earnings ratio of 31.58, a price-to-earnings-growth ratio of -0.72 and a beta of 1.99. Ero Copper has a 52 week low of C$13.17 and a 52 week high of C$53.69. The company has a current ratio of 0.68, a quick ratio of 1.43 and a debt-to-equity ratio of 83.17.

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

Insider Buying and Selling at Ero Copper

In related news, Director John H. Wright sold 15,000 shares of the business’s stock in a transaction that occurred on Thursday, January 29th. The stock was sold at an average price of C$52.11, for a total value of C$781,650.00. Following the completion of the sale, the director directly owned 377,832 shares in the company, valued at approximately C$19,688,825.52. The trade was a 3.82% decrease in their position. 10.37% of the stock is owned by corporate insiders.

Key Ero Copper News

Here are the key news stories impacting Ero Copper this week:

• Positive Sentiment: ATB Cormark upgraded Ero, signaling confidence in the company’s fundamentals and providing short‑term support for the stock. Article Title
• Positive Sentiment: A separate report shows a price target raise to C$50.00 from an analyst, offering upside narrative that offsets some bearish commentary. Article Title
• Neutral Sentiment: Technical/market‑structure note: a chart setup story argues ERO benefits from stability in the NYSE Composite index, which could help momentum traders. This is more tactical than fundamental. Article Title
• Neutral Sentiment: General bullish screen inclusion: a Yahoo Finance roundup names Ero as one of two Canadian picks set to outperform in 2026 — positive PR but not a direct catalyst like earnings or guidance. Article Title
• Negative Sentiment: Bank of America cut Ero (downgrade from Buy to Neutral) after management issued weaker‑than‑expected 2026 guidance — this is the main near‑term negative catalyst and helps explain the share weakness. Article Title
• Negative Sentiment: Bank of America’s downgrade and reduced price target to C$45.00 was also reported on BayStreet, reinforcing the BofA view across investors. Article Title
• Negative Sentiment: Raymond James downgraded Ero from Buy to Hold and trimmed its target to C$45.00, adding to the cluster of analyst downgrades pressuring sentiment. Article Title
• Negative Sentiment: Jefferies cut its price target to C$38.00, representing a deeper downside scenario and increasing short‑term selling pressure. Article Title

About Ero Copper