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Ero Copper (ERO) Stock Forecast & Price Target

Ero Copper logo
$13.25 +0.23 (+1.77%)
(As of 12/20/2024 05:40 PM ET)

Ero Copper - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
0
Buy
8

Based on 8 Wall Street analysts who have issued ratings for Ero Copper in the last 12 months, the stock has a consensus rating of "Buy." Out of the 8 analysts, 7 have given a buy rating, and 1 has given a strong buy rating for ERO.

Consensus Price Target

$26.33
98.74% Upside
According to the 8 analysts' twelve-month price targets for Ero Copper, the average price target is $26.33. The highest price target for ERO is $32.00, while the lowest price target for ERO is $19.00. The average price target represents a forecasted upside of 98.74% from the current price of $13.25.
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ERO Analyst Ratings Over Time

TypeCurrent Forecast
12/22/23 to 12/21/24
1 Month Ago
11/22/23 to 11/21/24
3 Months Ago
9/23/23 to 9/22/24
1 Year Ago
12/22/22 to 12/22/23
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
7 Buy rating(s)
6 Buy rating(s)
6 Buy rating(s)
0 Buy rating(s)
Hold
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
3 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$26.33$30.00$30.00$24.00
Forecasted Upside98.74% Upside88.80% Upside42.86% Upside44.58% Upside
Consensus Rating
Buy
Buy
Buy
Hold

ERO Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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ERO Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Ero Copper Stock vs. The Competition

TypeEro CopperBasic Materials CompaniesS&P 500
Consensus Rating Score
3.13
2.76
2.51
Consensus RatingBuyModerate BuyModerate Buy
Predicted Upside98.74% Upside138.92% Upside14.54% Upside
News Sentiment Rating
Neutral News

See Recent ERO News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
12/2/2024The Goldman Sachs Group
2 of 5 stars
M. Farid
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Initiated CoverageBuy$19.00+24.84%
9/3/2024Bank of America
3 of 5 stars
 Initiated CoverageBuy$28.00+36.25%
9/3/2024Raymond James
4 of 5 stars
 UpgradeMarket Perform ➝ Outperform
8/5/2024Jefferies Financial Group
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 UpgradeHold ➝ Buy
7/22/2024Ventum Cap Mkts
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C. Mackay
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UpgradeHold ➝ Strong-Buy
6/26/2024BMO Capital Markets
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J. Przybylowski
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UpgradeMarket Perform ➝ Outperform
5/30/2024Scotiabank
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O. Wowkodaw
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UpgradeSector Perform ➝ Sector Outperform
4/18/2024Pi Financial
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C. Mackay
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UpgradeNeutral ➝ Buy
5/18/2023Stifel Nicolaus
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 Initiated CoverageHold
2/13/2023National Bank Financial
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 Boost TargetC$21.00 ➝ C$22.00

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 09:59 PM ET.


ERO Forecast - Frequently Asked Questions

According to the research reports of 8 Wall Street equities research analysts, the average twelve-month stock price forecast for Ero Copper is $26.33, with a high forecast of $32.00 and a low forecast of $19.00.

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ero Copper in the last twelve months. There are currently 7 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ERO shares.

According to analysts, Ero Copper's stock has a predicted upside of 98.74% based on their 12-month stock forecasts.

Ero Copper has been rated by research analysts at The Goldman Sachs Group in the past 90 days.

Analysts like Ero Copper more than other "basic materials" companies. The consensus rating for Ero Copper is Buy while the average consensus rating for "basic materials" companies is Moderate Buy. Learn more on how ERO compares to other companies.


This page (NYSE:ERO) was last updated on 12/21/2024 by MarketBeat.com Staff
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