Etoro Group (NASDAQ:ETOR) Coverage Initiated at Keefe, Bruyette & Woods

Research analysts at Keefe, Bruyette & Woods began coverage on shares of Etoro Group (NASDAQ:ETOR) in a research report issued to clients and investors on Monday, Marketbeat Ratings reports. The firm set a “market perform” rating and a $65.00 price target on the stock. Keefe, Bruyette & Woods’ price objective suggests a potential downside of 2.93% from the stock’s previous close.

Several other research firms have also recently weighed in on ETOR. Jefferies Financial Group began coverage on shares of Etoro Group in a research note on Monday. They issued a “buy” rating and a $80.00 price target for the company. Wall Street Zen raised shares of Etoro Group to a “hold” rating in a research note on Tuesday, May 27th. Canaccord Genuity Group began coverage on shares of Etoro Group in a research note on Monday. They issued a “buy” rating and a $78.00 price target for the company. The Goldman Sachs Group initiated coverage on shares of Etoro Group in a research note on Monday. They issued a “buy” rating and a $76.00 price target for the company. Finally, Needham & Company LLC initiated coverage on shares of Etoro Group in a report on Monday. They issued a “buy” rating and a $80.00 price objective on the stock. Eight investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $75.88.

Etoro Group Stock Performance

Etoro Group stock opened at $66.96 on Monday. Etoro Group has a 1-year low of $57.50 and a 1-year high of $79.96.

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

Etoro Group Company Profile

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.