Ero Copper (OTCMKTS:ERRPF) had its price target upped by Canaccord Genuity from $22.00 to $23.00 in a research report released on Wednesday, The Fly reports. They currently have a buy rating on the stock.
A number of other brokerages have also issued reports on ERRPF. CIBC boosted their target price on shares of Ero Copper from $19.00 to $21.00 and gave the company a neutral rating in a research note on Thursday, September 17th. BMO Capital Markets raised shares of Ero Copper from a market perform rating to an outperform rating in a research note on Wednesday, August 19th. Scotiabank boosted their target price on shares of Ero Copper from $20.00 to $21.00 and gave the company a sector perform rating in a research note on Tuesday, October 13th. Finally, Raymond James boosted their target price on shares of Ero Copper from $21.00 to $21.50 and gave the company an outperform rating in a research note on Thursday, September 24th. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock presently has a consensus rating of Buy and a consensus price target of $20.67.
OTCMKTS ERRPF opened at $14.80 on Wednesday. The company has a fifty day moving average of $14.56 and a two-hundred day moving average of $12.56. Ero Copper has a 52 week low of $5.92 and a 52 week high of $18.22.
Ero Copper Company Profile
Ero Copper Corp., a base metals mining company, focuses on the production and sale of copper in Brazil. The company also explores for gold and silver ores. Its principal property is the Vale do Curaçá Property located in the northeastern Bahia State, Brazil. The company also holds interests in the Boa Esperança Property located in the municipality of Tucumã, Pará State; and NX Gold Mine, which is located in the eastern portion of the State of Mato Grosso.
Featured Story: How does a reverse stock split work?
Receive News & Ratings for Ero Copper Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ero Copper and related companies with MarketBeat.com's FREE daily email newsletter.