JMP Securities Initiates Coverage on Etoro Group (NASDAQ:ETOR)

Equities research analysts at JMP Securities began coverage on shares of Etoro Group (NASDAQ:ETOR) in a report released on Monday,Benzinga reports. The brokerage set a “market outperform” rating and a $85.00 price target on the stock. JMP Securities’ price objective indicates a potential upside of 26.94% from the stock’s previous close.

ETOR has been the topic of a number of other reports. Susquehanna started coverage on shares of Etoro Group in a research note on Monday. They issued a “neutral” rating and a $70.00 price objective on the stock. Cantor Fitzgerald assumed coverage on shares of Etoro Group in a report on Monday. They set an “overweight” rating and a $84.00 price objective on the stock. UBS Group started coverage on Etoro Group in a research note on Monday. They set a “neutral” rating and a $70.00 price target for the company. Canaccord Genuity Group started coverage on Etoro Group in a report on Monday. They issued a “buy” rating and a $78.00 price target for the company. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on Etoro Group in a research note on Monday. They set a “hold” rating and a $70.00 price target on the stock. Eight equities research 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 presently has a consensus rating of “Moderate Buy” and an average price target of $75.88.

Etoro Group Price Performance

ETOR 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 announced its quarterly earnings results on Tuesday, June 10th. The company reported $0.69 earnings per share (EPS) 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.