Etoro Group (NASDAQ:ETOR) Coverage Initiated at Bank of America

Equities researchers at Bank of America initiated coverage on shares of Etoro Group (NASDAQ:ETOR - Get Free Report) in a report issued on Monday,Briefing.com Automated Import reports. The firm set a "neutral" rating and a $71.00 price target on the stock. Bank of America's target price points to a potential upside of 3.35% from the stock's current price.

Several other research firms have also recently weighed in on ETOR. Mizuho initiated coverage on Etoro Group in a research note on Monday. They set an "outperform" rating and a $80.00 target price for the company. UBS Group began coverage on shares of Etoro Group in a research note on Monday. They set a "neutral" rating and a $70.00 price target on the stock. Needham & Company LLC began coverage on Etoro Group in a report on Monday. They set a "buy" rating and a $80.00 price objective on the stock. Jefferies Financial Group assumed coverage on Etoro Group in a report on Monday. They issued a "buy" rating and a $80.00 target price for the company. Finally, Citizens Jmp started coverage on Etoro Group in a research note on Monday. They set an "outperform" rating and a $85.00 price target on the stock. Eight equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $75.27.

Etoro Group Stock Up 9.8%

NASDAQ:ETOR opened at $68.70 on Monday. Etoro Group has a 12-month low of $57.50 and a 12-month high of $74.28.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.