Etoro Group Ltd. (NASDAQ:ETOR) Given Average Rating of “Moderate Buy” by Analysts

Shares of Etoro Group Ltd. (NASDAQ:ETOR) have earned an average rating of “Moderate Buy” from the sixteen research firms that are currently covering the firm, MarketBeat.com reports. Seven investment analysts have rated the stock with a hold rating and nine have issued a buy rating on the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $75.88.

A number of brokerages have recently commented on ETOR. Redburn Atlantic initiated coverage on shares of Etoro Group in a research report on Monday, June 9th. They issued a “neutral” rating and a $68.00 price objective for the company. The Goldman Sachs Group started coverage on shares of Etoro Group in a research note on Monday, June 9th. They issued a “buy” rating and a $76.00 price objective for the company. Keefe, Bruyette & Woods started coverage on shares of Etoro Group in a report on Monday, June 9th. They issued a “market perform” rating and a $65.00 target price on the stock. UBS Group started coverage on Etoro Group in a research note on Monday, June 9th. They issued a “neutral” rating and a $70.00 price objective on the stock. Finally, Canaccord Genuity Group started coverage on shares of Etoro Group in a report on Monday, June 9th. They set a “buy” rating and a $78.00 price target for the company.

Etoro Group Stock Down 4.1%

Shares of NASDAQ ETOR opened at $61.56 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 posted its quarterly earnings data on Tuesday, June 10th. The company reported $0.69 EPS for the quarter. The company had revenue of $3.76 billion during 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.