Susquehanna Has Lowered Expectations for eToro Group (NASDAQ:ETOR) Stock Price

eToro Group (NASDAQ:ETOR - Get Free Report) had its price target lowered by investment analysts at Susquehanna from $70.00 to $66.00 in a research note issued on Friday,Benzinga reports. The brokerage presently has a "neutral" rating on the stock. Susquehanna's price objective would suggest a potential upside of 9.07% from the company's previous close.

A number of other analysts have also weighed in on ETOR. TD Cowen assumed coverage on shares of eToro Group in a research note on Monday, June 9th. They issued a "buy" rating and a $80.00 price target for the company. The Goldman Sachs Group assumed coverage on shares of eToro Group in a research note on Monday, June 9th. They issued a "buy" rating and a $76.00 price target for the company. Cantor Fitzgerald assumed coverage on shares of eToro Group in a research note on Monday, June 9th. They issued an "overweight" rating and a $84.00 price target for the company. Canaccord Genuity Group assumed coverage on shares of eToro Group in a research note on Monday, June 9th. They issued a "buy" rating and a $78.00 price target for the company. Finally, JMP Securities assumed coverage on shares of eToro Group in a research note on Monday, June 9th. They issued a "market outperform" rating and a $85.00 price target for the company. Eight research analysts have rated the stock with a hold rating and nine have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $75.63.

eToro Group Stock Up 4.1%

eToro Group stock traded up $2.37 during midday trading on Friday, reaching $60.51. 577,423 shares of the stock traded hands, compared to its average volume of 1,543,826. The company has a debt-to-equity ratio of 0.09, a current ratio of 3.76 and a quick ratio of 3.76. eToro Group has a fifty-two week low of $52.88 and a fifty-two week high of $79.96.

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

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