Ero Copper (TSE:ERO – Free Report) had its target price trimmed by Eight Capital from C$40.00 to C$34.00 in a research report report published on Wednesday,BayStreet.CA reports.
ERO has been the subject of several other research reports. Canaccord Genuity Group increased their price objective on shares of Ero Copper from C$39.00 to C$40.00 and gave the company a “buy” rating in a research report on Thursday, October 3rd. BMO Capital Markets increased their price objective on shares of Ero Copper from C$41.00 to C$43.00 in a research report on Tuesday, July 23rd. Ventum Financial lowered their price objective on shares of Ero Copper from C$33.00 to C$32.50 in a research report on Thursday, August 22nd. TD Securities lowered their price objective on shares of Ero Copper from C$31.00 to C$30.00 and set a “hold” rating for the company in a research report on Tuesday, August 6th. Finally, National Bankshares lowered their price objective on shares of Ero Copper from C$33.00 to C$31.50 and set a “sector perform” rating for the company in a research report on Tuesday, October 15th. Five analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of C$33.04.
View Our Latest Stock Report on ERO
Ero Copper Price Performance
Ero Copper Company Profile
Ero Copper Corp. engages in the exploration, development, and production of mining projects in Brazil. The company is involved in the production and sale of copper concentrate from the Caraíba operations located in the Curaçá Valley, northeastern Bahia state, Brazil, as well as gold and silver by-products.
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