Etoro Group Ltd. (NASDAQ:ETOR - Get Free Report)'s share price was down 5.2% on Tuesday . The company traded as low as $71.54 and last traded at $72.02. Approximately 1,186,116 shares changed hands during mid-day trading, a decline of 27% from the average daily volume of 1,615,522 shares. The stock had previously closed at $75.97.
Analysts Set New Price Targets
A number of analysts have commented on the stock. UBS Group assumed coverage on shares of Etoro Group in a report on Monday. They set a "neutral" rating and a $70.00 target price for the company. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Etoro Group in a report on Monday. They set a "hold" rating and a $70.00 target price for the company. Canaccord Genuity Group assumed coverage on shares of Etoro Group in a report on Monday. They set a "buy" rating and a $78.00 target price for the company. TD Cowen assumed coverage on shares of Etoro Group in a report on Monday. They set a "buy" rating and a $80.00 target price for the company. Finally, Redburn Atlantic assumed coverage on shares of Etoro Group in a report on Monday. They set a "neutral" rating and a $68.00 target price for the company. Eight investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to MarketBeat, Etoro Group currently has a consensus rating of "Moderate Buy" and a consensus price target of $75.88.
View Our Latest Stock Report on Etoro Group
Etoro Group Stock Down 4.7%
Etoro Group (NASDAQ:ETOR - Get Free Report) 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
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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.
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