Canaccord Genuity Remains a Buy on Ero Copper (ERO)
Canaccord Genuity analyst Dalton Baretto reiterated a Buy rating on Ero Copper yesterday and set a price target of C$52.00. The company’s shares closed yesterday at C$38.30.
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According to TipRanks, Baretto is a 5-star analyst with an average return of 24.0% and a 56.48% success rate. Baretto covers the Basic Materials sector, focusing on stocks such as Ero Copper, Capstone Copper, and Hudbay Minerals.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ero Copper with a C$48.59 average price target, a 26.87% upside from current levels. In a report released on March 7, TipRanks – DeepSeek also upgraded the stock to a Buy with a C$42.00 price target.
ERO market cap is currently C$3.99B and has a P/E ratio of 10.93.
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: Solid Execution, Cost Discipline, and Deleveraging-Driven Growth Support Buy Rating and Upside to C$52 Target
- Ero Copper Files 2025 Results and MD&A With U.S. Regulators
- Ero Copper sees 2026 copper production up 20% year-over-year to 67.5K-77.5K tons
- Ero Copper reports Q4 adjusted EPS $1.04, consensus $1.05
- Ero Copper Corp. (ERO) Q4 Earnings Cheat Sheet
