Ero Copper (TSE:ERO) Downgraded by Raymond James Financial to Neutral

Posted by Teresa Graham on Feb 9th, 2026

Ero Copper (TSE:ERO – Get Free Report) was downgraded by investment analysts at Raymond James Financial from a “buy” rating to a “neutral” rating in a report released on Monday,BayStreet.CA reports. They currently have a C$45.00 price target on the stock, down from their prior price target of C$49.00. Raymond James Financial’s price target would indicate a potential upside of 4.72% from the company’s current price.

A number of other research firms also recently issued reports on ERO. Canaccord Genuity Group raised shares of Ero Copper from a “hold” rating to a “strong-buy” rating in a report on Wednesday, January 14th. Ventum Cap Mkts raised Ero Copper to a “strong-buy” rating in a research report on Monday, November 3rd. Desjardins increased their target price on Ero Copper from C$37.50 to C$45.00 and gave the stock a “hold” rating in a research note on Monday, January 26th. ATB Capital upped their target price on shares of Ero Copper from C$37.00 to C$50.00 and gave the company an “outperform” rating in a research note on Friday. Finally, Freedom Capital raised shares of Ero Copper to a “strong-buy” rating in a report on Tuesday, December 30th. Three equities research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of C$42.58.

Check Out Our Latest Research Report on ERO

Ero Copper Stock Up 2.7%

Shares of TSE ERO traded up C$1.15 during midday trading on Monday, hitting C$42.97. 339,907 shares of the stock traded hands, compared to its average volume of 597,210. The company has a market cap of C$4.46 billion, a PE ratio of 32.31, a P/E/G ratio of -0.72 and a beta of 1.99. The business has a 50 day moving average price of C$40.10 and a two-hundred day moving average price of C$30.66. The company has a debt-to-equity ratio of 83.17, a quick ratio of 1.43 and a current ratio of 0.68. Ero Copper has a one year low of C$13.17 and a one year high of C$53.69.

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

Insider Transactions at Ero Copper

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