Cantor Fitzgerald Initiates Coverage on Etoro Group (NASDAQ:ETOR)

Equities research analysts at Cantor Fitzgerald initiated coverage on shares of Etoro Group (NASDAQ:ETOR) in a research note issued to investors on Monday, MarketBeat.com reports. The firm set an “overweight” rating and a $84.00 price target on the stock. Cantor Fitzgerald’s price target would suggest a potential upside of 25.45% from the company’s current price.

Other equities research analysts have also recently issued reports about the stock. Jefferies Financial Group started coverage on shares of Etoro Group in a research note on Monday. They set a “buy” rating and a $80.00 price target on the stock. UBS Group assumed coverage on shares of Etoro Group in a research report on Monday. They set a “neutral” rating and a $70.00 target price on the stock. Citigroup started coverage on shares of Etoro Group in a research note on Monday. They issued a “neutral” rating and a $72.00 target price for the company. Citizens Jmp started coverage on Etoro Group in a research note on Monday. They set an “outperform” rating and a $85.00 price target on the stock. Finally, Wall Street Zen upgraded Etoro Group to a “hold” rating in a report on Tuesday, May 27th. Eight equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat.com, Etoro Group has an average rating of “Moderate Buy” and a consensus target price of $75.88.

Etoro Group Price Performance

Shares of NASDAQ:ETOR opened at $66.96 on Monday. Etoro Group has a one year low of $57.50 and a one year high of $79.96.

Etoro Group (NASDAQ:ETOR) last issued its quarterly earnings data on Tuesday, June 10th. The company reported $0.69 earnings per share (EPS) for the quarter.

About Etoro Group

Our mission is to open the global markets, connect our users to leading investors and give them the tools they need to grow their knowledge and wealth. The global financial markets are widely recognized as one of the greatest paths to wealth creation, although they have historically been opaque and inaccessible to many.