Ero Copper (TSE:ERO – Get Free Report) had its price target hoisted by equities research analysts at National Bankshares from C$43.00 to C$56.00 in a report released on Thursday,BayStreet.CA reports. National Bankshares’ price target would indicate a potential upside of 22.59% from the stock’s current price.
Several other brokerages have also issued reports on ERO. Freedom Capital raised Ero Copper to a “strong-buy” rating in a research note on Tuesday, December 30th. Desjardins upped their price objective on shares of Ero Copper from C$37.50 to C$45.00 and gave the company a “hold” rating in a research note on Monday, January 26th. Ventum Cap Mkts raised shares of Ero Copper to a “strong-buy” rating in a report on Monday, November 3rd. Jefferies Financial Group cut shares of Ero Copper from a “buy” rating to a “hold” rating and lifted their target price for the stock from C$37.00 to C$40.00 in a research report on Monday, December 8th. Finally, Cibc World Mkts lowered shares of Ero Copper from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 9th. Three equities research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat.com, Ero Copper currently has a consensus rating of “Moderate Buy” and an average target price of C$40.30.
View Our Latest Analysis on Ero Copper
Ero Copper Stock Down 10.8%
Ero Copper (TSE:ERO – Get Free Report) last issued its quarterly earnings results on Tuesday, November 4th. The company reported C$0.27 earnings per share (EPS) for the quarter. The firm 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%. As a group, research analysts anticipate that Ero Copper will post 4.7442244 EPS for the current fiscal year.
Ero Copper Company Profile
Recommended Stories
- Five stocks we like better than Ero Copper
- Do not delete, read immediately
- NEW LAW: Congress Approves Setup For Digital Dollar?
- “Fed Proof” Your Bank Account with THESE 4 Simple Steps
- A U.S. “birthright” claim worth trillions – activated quietly
- The Crash Has Already Started (Most Just Don’t See It Yet)
Receive News & Ratings for Ero Copper Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ero Copper and related companies with MarketBeat.com's FREE daily email newsletter.
