TD Cowen Initiates Coverage on Etoro Group (NASDAQ:ETOR)

TD Cowen began coverage on shares of Etoro Group (NASDAQ:ETOR) in a research note issued to investors on Monday morning, Marketbeat Ratings reports. The firm issued a buy rating and a $80.00 price objective on the stock.

Several other research firms also recently weighed in on ETOR. Wall Street Zen upgraded Etoro Group to a “hold” rating in a research report on Tuesday, May 27th. Jefferies Financial Group initiated 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. Needham & Company LLC began coverage on shares of Etoro Group in a research report on Monday. They issued a “buy” rating and a $80.00 price objective for the company. Mizuho initiated coverage on shares of Etoro Group in a research report on Monday. They set an “outperform” rating and a $80.00 target price on the stock. Finally, The Goldman Sachs Group initiated coverage on shares of Etoro Group in a research note on Monday. They set a “buy” rating and a $76.00 price target for the company. Eight research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $75.88.

Etoro Group Stock Performance

Shares of NASDAQ ETOR opened at $75.97 on Monday. Etoro Group has a fifty-two week low of $57.50 and a fifty-two week high of $76.75.

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.