Etoro Group (NASDAQ:ETOR) Coverage Initiated by Analysts at Redburn Atlantic

Research analysts at Redburn Atlantic initiated coverage on shares of Etoro Group (NASDAQ:ETOR) in a research note issued to investors on Monday, MarketBeat Ratings reports. The brokerage set a “neutral” rating and a $68.00 price target on the stock. Redburn Atlantic’s target price would suggest a potential upside of 1.55% from the company’s current price.

A number of other equities analysts also recently commented on the stock. Needham & Company LLC began coverage on shares of Etoro Group in a report on Monday. They set a “buy” rating and a $80.00 price objective for the company. Wall Street Zen raised shares of Etoro Group to a “hold” rating in a report on Tuesday, May 27th. The Goldman Sachs Group began coverage on shares of Etoro Group in a report on Monday. They set a “buy” rating and a $76.00 price objective for the company. Canaccord Genuity Group began coverage on shares of Etoro Group in a report on Monday. They set a “buy” rating and a $78.00 price objective for the company. Finally, Jefferies Financial Group began coverage on shares of Etoro Group in a report on Monday. They set a “buy” rating and a $80.00 price objective for the company. Eight investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $75.88.

Etoro Group Price Performance

Shares of Etoro Group stock opened at $66.96 on Monday. Etoro Group has a fifty-two week low of $57.50 and a fifty-two week high of $79.96.

Etoro Group (NASDAQ:ETOR) last released its quarterly earnings data on Tuesday, June 10th. The company reported $0.69 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.