Stifel Nicolaus Keeps Their Hold Rating on 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$37.00.
Claim 50% 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
M. Profiti covers the Basic Materials sector, focusing on stocks such as Barrick Mining, Freeport-McMoRan, and Ivanhoe Mines. According to TipRanks, M. Profiti has an average return of 39.1% and a 74.17% success rate on recommended stocks.
In addition to Stifel Nicolaus, Ero Copper also received a Hold from CIBC’s Anita Soni in a report issued on February 4. However, today, Canaccord Genuity maintained a Buy rating on Ero Copper (NYSE: ERO).
Based on Ero Copper’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of C$177.09 million and a net profit of C$35.98 million. In comparison, last year the company earned a revenue of C$124.84 million and had a net profit of C$40.86 million
Based on the recent corporate insider activity of 85 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:
Disclaimer & DisclosureReport an Issue
- 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
- Ero Copper sees FY26 consolidated copper production 67,500-77,500 tonnes
- Ero Copper sees copper production reaching 80,000-90,000 tonnes by 2028
- Ero Copper reports Q4 copper production of 19,706 tonnes
