Jefferies Sticks to Its Hold Rating for Ero Copper (ERO)
Jefferies analyst Fahad Tariq maintained a Hold rating on Ero Copper today and set a price target of C$42.00.
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According to TipRanks, Tariq is a 5-star analyst with an average return of 24.4% and a 75.65% success rate. Tariq covers the Basic Materials sector, focusing on stocks such as Barrick Mining, Capstone Copper, and Ero Copper.
In addition to Jefferies, Ero Copper also received a Hold from Stifel Nicolaus’s Ralph M. Profiti in a report issued on February 11. However, on February 9, Scotiabank maintained a Buy rating on Ero Copper (NYSE: ERO).
ERO market cap is currently C$4.36B and has a P/E ratio of 22.33.
Based on the recent corporate insider activity of 87 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ERO in relation to earlier this year.
Read More on ERO:
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- Ero Copper price target raised to C$52 from C$37 at Stifel
- Ero Copper price target lowered to C$47 from C$50 at Scotiabank
- Ero Copper downgraded to Neutral from Buy at BofA
- Ero Copper price target lowered to C$48 from C$55 at Canaccord
- Ero Copper Posts Record 2025 Output and Lifts 2026–2028 Production Outlook
