Etoro Group (NASDAQ:ETOR - Get Free Report) issued its quarterly earnings results on Tuesday. The company reported $0.69 EPS for the quarter, Zacks reports.
Etoro Group Stock Down 11.9%
ETOR traded down $9.01 on Tuesday, reaching $66.96. 4,504,849 shares of the stock were exchanged, compared to its average volume of 1,823,893. Etoro Group has a fifty-two week low of $57.50 and a fifty-two week high of $79.96.
Analyst Upgrades and Downgrades
A number of brokerages have recently issued reports on ETOR. Canaccord Genuity Group began coverage on shares of Etoro Group in a research note on Monday. They set a "buy" rating and a $78.00 target price for the company. Keefe, Bruyette & Woods started coverage on shares of Etoro Group in a report on Monday. They set a "market perform" rating and a $65.00 price objective for the company. The Goldman Sachs Group assumed coverage on shares of Etoro Group in a research note on Monday. They issued a "buy" rating and a $76.00 target price on the stock. Needham & Company LLC began coverage on shares of Etoro Group in a research note on Monday. They set a "buy" rating and a $80.00 price target for the company. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on Etoro Group in a report on Monday. They issued a "hold" rating and a $70.00 price target for the company. Eight analysts have rated the stock with a hold rating and nine have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $75.88.
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