Etoro Group (NASDAQ:ETOR) Now Covered by Jefferies Financial Group

Jefferies Financial Group started coverage on shares of Etoro Group (NASDAQ:ETOR) in a research report issued to clients and investors on Monday, Marketbeat.com reports. The firm set a “buy” rating and a $80.00 price target on the stock. Jefferies Financial Group’s price target indicates a potential upside of 19.47% from the company’s current price.

A number of other equities analysts also recently issued reports on the stock. The Goldman Sachs Group started coverage on shares of Etoro Group in a research note on Monday. They set a “buy” rating and a $76.00 price objective on the stock. Wall Street Zen upgraded shares of Etoro Group to a “hold” rating in a research note on Tuesday, May 27th. Needham & Company LLC initiated coverage on shares of Etoro Group in a research note on Monday. They issued a “buy” rating and a $80.00 target price for the company. Finally, Canaccord Genuity Group initiated coverage on shares of Etoro Group in a research note on Monday. They issued a “buy” rating and a $78.00 target price for the company. Eight investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $75.88.

Etoro Group Stock Down 11.9%

NASDAQ ETOR opened at $66.96 on Monday. Etoro Group has a 52-week low of $57.50 and a 52-week high of $79.96.

Etoro Group (NASDAQ:ETOR) last released 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.