Ero Copper (TSE:ERO) Rating Lowered to Neutral at Bank of America

Posted by Stephan Jacobs on Feb 9th, 2026

Ero Copper (TSE:ERO – Get Free Report) was downgraded by investment analysts at Bank of America from a “buy” rating to a “neutral” rating in a research note issued to investors on Monday,BayStreet.CA reports. They presently have a C$45.00 target price on the stock, down from their previous target price of C$49.00. Bank of America‘s price target suggests a potential upside of 4.72% from the stock’s current price.

A number of other research analysts also recently issued reports on the company. Canaccord Genuity Group upgraded Ero Copper from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 14th. Scotiabank raised their target price on shares of Ero Copper from C$36.00 to C$45.00 in a research report on Thursday, January 8th. ATB Capital upped their price target on shares of Ero Copper from C$37.00 to C$50.00 and gave the company an “outperform” rating in a research report on Friday. National Bankshares lifted their price objective on shares of Ero Copper from C$43.00 to C$56.00 in a research note on Thursday, January 29th. Finally, Atb Cormark Cm raised shares of Ero Copper to a “moderate buy” rating in a report on Friday. Three research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of C$42.58.

Get Our Latest Stock Analysis on ERO

Ero Copper Stock Up 2.7%

ERO traded up C$1.15 during trading hours on Monday, hitting C$42.97. 339,907 shares of the company’s stock were exchanged, compared to its average volume of 597,210. The firm has a market cap of C$4.46 billion, a P/E ratio of 32.31, a price-to-earnings-growth ratio of -0.72 and a beta of 1.99. Ero Copper has a 12-month low of C$13.17 and a 12-month high of C$53.69. The company has a current ratio of 0.68, a quick ratio of 1.43 and a debt-to-equity ratio of 83.17. The firm has a 50 day moving average of C$40.10 and a 200 day moving average of C$30.66.

Ero Copper (TSE:ERO – Get Free Report) last posted its earnings results on Tuesday, November 4th. The company reported C$0.27 earnings per share for the quarter. Ero Copper had a return on equity of 2.24% and a net margin of 3.45%.The firm had revenue of C$246.59 million during the quarter. Analysts predict that Ero Copper will post 4.7442244 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, Director John H. Wright sold 15,000 shares of the stock in a transaction dated Thursday, January 29th. The shares were sold at an average price of C$52.11, for a total transaction of C$781,650.00. Following the transaction, the director directly owned 377,832 shares in the company, valued at C$19,688,825.52. This represents a 3.82% decrease in their position. Insiders own 10.37% of the company’s stock.