Analyst Rating: Will Ero Copper Corp (ERO) Stock Beat the Market?

InvestorsObserver is giving Ero Copper Corp (ERO) an Analyst Rating Rank of 20, meaning ERO is ranked higher by analysts than 20% of stocks. The average price target for ERO is $20.142 and analyst’s rate the stock as a Buy.

Wall Street analysts are rating ERO a Buy today. Find out what this means to you and get the rest of the rankings on ERO!

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Why are Analyst Ratings Important?

Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers. InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.

What's Happening With Ero Copper Corp Stock Today?

Ero Copper Corp (ERO) stock is trading at $13.20 as of 1:22 PM on Wednesday, Nov 1, a loss of -$0.37, or -2.73% from the previous closing price of $13.57. The stock has traded between $13.06 and $13.55 so far today. Volume today is light. So far 74,193 shares have traded compared to average volume of 193,502 shares. Click Here to get the full Stock Report for Ero Copper Corp stock.