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Etoro Group (NASDAQ:ETOR) Shares Gap Down - What's Next?

Etoro Group logo with Financial Services background

Etoro Group Ltd. (NASDAQ:ETOR - Get Free Report)'s share price gapped down before the market opened on Friday . The stock had previously closed at $64.17, but opened at $60.82. Etoro Group shares last traded at $61.73, with a volume of 190,443 shares trading hands.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on ETOR shares. Bank of America began coverage on shares of Etoro Group in a research note on Monday, June 9th. They issued a "neutral" rating and a $71.00 target price on the stock. UBS Group initiated 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. Canaccord Genuity Group assumed coverage on Etoro Group in a research report on Monday, June 9th. They set a "buy" rating and a $78.00 target price for the company. JMP Securities started coverage on Etoro Group in a research report on Monday, June 9th. They issued a "market outperform" rating and a $85.00 price target on the stock. Finally, Jefferies Financial Group started coverage on Etoro Group in a report on Monday, June 9th. They set a "buy" rating and a $80.00 price objective for the company. Eight investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $75.88.

Read Our Latest Research Report on ETOR

Etoro Group Trading Down 0.1%

Etoro Group (NASDAQ:ETOR - Get Free Report) last posted its quarterly earnings data on Tuesday, June 10th. The company reported $0.69 earnings per share for the quarter. The company had revenue of $3.76 billion during the quarter.

About Etoro Group

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