Analysts Offer Insights on Materials Companies: Ero Copper (ERO) and Freeport-McMoRan (FCX)
Analysts fell to the sidelines weighing in on Ero Copper (ERO – Research Report) and Freeport-McMoRan (FCX – Research Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Ero Copper (ERO)
In a report released today, Ralph M. Profiti from Stifel Nicolaus maintained a Hold rating on Ero Copper, with a price target of C$52.00. The company’s shares closed last Friday at $27.76.
According to TipRanks.com, Profiti is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ero Copper with a $35.77 average price target, a 26.4% upside from current levels. In a report issued on March 7, TipRanks – xAI also downgraded the stock to Hold with a C$41.00 price target.
See Insiders’ Hot Stocks on TipRanks >>
Freeport-McMoRan (FCX)
In a report released today, Bob Brackett from Bernstein maintained a Hold rating on Freeport-McMoRan. The company’s shares closed last Friday at $59.36.
According to TipRanks.com, Brackett is a 5-star analyst with an average return of
Freeport-McMoRan has an analyst consensus of Strong Buy, with a price target consensus of $66.90.
