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Ero Copper (ERO) Stock Forecast & Price Target

Ero Copper logo
C$21.58 +0.22 (+1.03%)
(As of 11:52 AM 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
4
Buy
9

Based on 13 Wall Street analysts who have issued ratings for Ero Copper in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 13 analysts, 4 have given a hold rating, 7 have given a buy rating, and 2 have given a strong buy rating for ERO.

Consensus Price Target

C$33.67
56.01% Upside
According to the 13 analysts' twelve-month price targets for Ero Copper, the average price target is C$33.67. The highest price target for ERO is C$43.00, while the lowest price target for ERO is C$27.00. The average price target represents a forecasted upside of 56.01% from the current price of C$21.58.
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ERO Analyst Ratings Over Time

TypeCurrent Forecast
12/4/23 to 12/3/24
1 Month Ago
11/4/23 to 11/3/24
3 Months Ago
9/5/23 to 9/4/24
1 Year Ago
12/4/22 to 12/4/23
Strong Buy
2 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
7 Buy rating(s)
7 Buy rating(s)
6 Buy rating(s)
2 Buy rating(s)
Hold
4 Hold rating(s)
5 Hold rating(s)
6 Hold rating(s)
7 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetC$33.67C$33.96C$33.77C$23.96
Forecasted Upside56.01% Upside31.94% Upside29.53% Upside31.93% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate 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 Companies
Consensus Rating Score
2.75
2.76
Consensus RatingModerate BuyModerate Buy
News Sentiment Rating
Neutral News

See Recent ERO News
Neutral News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
12/2/2024The Goldman Sachs Group
2 of 5 stars
M. Farid
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UpgradeStrong-Buy
11/21/2024Ventum Financial
0 of 5 stars
 Lower TargetC$31.50 ➝ C$29.00+30.51%
11/7/2024TD Securities
4 of 5 stars
 Lower TargetHoldC$30.00 ➝ C$27.00+9.05%
11/6/2024Eight Capital
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 Lower TargetC$40.00 ➝ C$34.00+43.46%
11/6/2024Scotiabank
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O. Wowkodaw
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Lower TargetC$37.00 ➝ C$34.00+43.46%
10/17/2024Jefferies Financial Group
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 Lower TargetBuyC$35.00 ➝ C$34.00+26.21%
10/15/2024National Bankshares
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 Lower TargetSector PerformC$33.00 ➝ C$31.50+15.77%
10/3/2024Canaccord Genuity Group
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 Boost TargetBuyC$39.00 ➝ C$40.00+36.85%
9/3/2024Raymond James
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 UpgradeMarket Perform ➝ OutperformC$34.00 ➝ C$36.00+38.51%
7/23/2024BMO Capital Markets
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J. Przybylowski
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Boost TargetC$41.00 ➝ C$43.00+60.45%
7/22/2024Ventum Cap Mkts
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C. Mackay
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UpgradeHold ➝ Strong-Buy
6/20/2024CIBC
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 UpgradeNeutral ➝ OutperformC$32.00 ➝ C$36.00+25.13%
5/10/2024Cormark
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 Boost TargetC$30.00 ➝ C$32.50+10.21%
4/18/2024Pi Financial
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C. Mackay
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UpgradeNeutral ➝ Buy
11/17/2023Stifel Nicolaus
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 Lower TargetHoldC$30.00 ➝ C$22.00+36.14%
5/10/2023National Bank Financial
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 Boost TargetC$25.50 ➝ C$26.50+7.03%
4/21/2023Barclays
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 Boost TargetC$22.00 ➝ C$25.00-6.47%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 12:10 PM ET.


ERO Forecast - Frequently Asked Questions

According to the research reports of 13 Wall Street equities research analysts, the average twelve-month stock price forecast for Ero Copper is C$33.67, with a high forecast of C$43.00 and a low forecast of C$27.00.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ero Copper in the last twelve months. There are currently 4 hold ratings, 7 buy ratings and 2 strong buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" ERO shares.

According to analysts, Ero Copper's stock has a predicted upside of 56.01% based on their 12-month stock forecasts.

Over the previous 90 days, Ero Copper's stock had 1 upgrade by analysts.

Analysts like Ero Copper more than other "basic materials" companies. The consensus rating score for Ero Copper is 2.85 while the average consensus rating score for "basic materials" companies is 2.76. Learn more on how ERO compares to other companies.


This page (TSE:ERO) was last updated on 12/3/2024 by MarketBeat.com Staff
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