BofA raises target for Eramet stock from EUR 54 to EUR 56

Published on 10/08/2026 at 17:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

BofA keeps its buy rating on Eramet stock. Adjusted EBITDA rose 45.00 percent to EUR 276 million in the first half of 2026.

Key points in brief

BofA Securities raised its Eramet target from EUR 54.00 to EUR 56.00 on October 2, 2026, while maintaining a buy rating.
A potential USD 350 million lithium expansion in Argentina could add 11,000 tonnes of annual capacity.
Adjusted EBITDA rose 45.00 percent to EUR 276 million in the first half of 2026.
Eramet's prior close at Lang & Schwarz was EUR 45.42 on October 7, 2026.
Eramet is listed on Euronext Paris and included in the SBF 120.

Eramet, FR0000131757, Illustration mit AI erstellt.

BofA Securities maintained its buy rating and raised its Eramet target from EUR 54.00 to EUR 56.00 on October 2, 2026, according to Ideal Investor. The revised target places the analyst view above the stock's last Lang & Schwarz close of EUR 45.42 on October 7, 2026.

Three milestones shape the story

On May 27, 2026, shareholders approved a EUR 500 million capital increase, according to Eramet. On July 29, 2026, the company reported adjusted EBITDA of EUR 276 million for the first half of 2026, up 45.00 percent from EUR 191 million in the first half of 2025, according to Eramet. On October 1, 2026, Eramet outlined a potential USD 350 million lithium expansion in Argentina, as Buenos Aires Times reported.

What does the expansion add?

The Centenario-Ratones project currently has annual lithium carbonate capacity of 24,000 tonnes. The proposed investment would add 11,000 tonnes, lifting potential capacity to 35,000 tonnes per year, subject to a final investment decision, Buenos Aires Times reported on October 1, 2026. The proposed increase equals 45.83 percent of the current capacity, making project execution and funding central variables for the investment case.

Next dates and prior close

Eramet's next listed milestones are a third-quarter 2026 corporate sales release on October 29, 2026, and full-year 2026 earnings on February 22, 2027, according to Stockopedia. The prior close at Lang & Schwarz was EUR 45.42 on October 7, 2026, while the finance quote showed a market capitalization of EUR 1.3 billion and a 52-week range of EUR 40.98 to EUR 88.20 on October 8, 2026. The further course of trading is shown by the continuously updated real-time quote of Eramet stock.