Etoro Group (NASDAQ:ETOR) Coverage Initiated by Analysts at Jefferies Financial Group

Jefferies Financial Group started coverage on shares of Etoro Group (NASDAQ:ETOR) in a report released on Monday, MarketBeat Ratings reports. The firm issued a buy rating and a $80.00 price target on the stock.

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

Etoro Group Stock Up 10.6%

Shares of ETOR stock opened at $75.97 on Monday. Etoro Group has a one year low of $57.50 and a one year high of $76.75.

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.