Mizuho Begins Coverage on Etoro Group (NASDAQ:ETOR)

Stock analysts at Mizuho started coverage on shares of Etoro Group (NASDAQ:ETOR) in a research report issued to clients and investors on Monday, Marketbeat Ratings reports. The brokerage set an “outperform” rating and a $80.00 price target on the stock. Mizuho’s target price points to a potential upside of 19.47% from the company’s current price.

Several other equities analysts have also recently issued reports on ETOR. Wall Street Zen raised shares of Etoro Group to a “hold” rating in a research note on Tuesday, May 27th. Susquehanna initiated 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. Redburn Atlantic initiated coverage on shares of Etoro Group in a research note on Monday. They issued a “neutral” rating and a $68.00 price objective on the stock. 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 price objective on the stock. Finally, Jefferies Financial Group initiated coverage on shares of Etoro Group in a research note on Monday. They issued a “buy” rating and a $80.00 price objective on the stock. Eight analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $75.88.

Etoro Group Price Performance

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 announced its earnings results on Tuesday, June 10th. The company reported $0.69 earnings per share 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.