Etoro Group (NASDAQ:ETOR) Earns Buy Rating from Analysts at Canaccord Genuity Group

Canaccord Genuity Group assumed coverage on shares of Etoro Group (NASDAQ:ETOR) in a research note published on Monday, Marketbeat reports. The brokerage issued a buy rating and a $78.00 price target on the stock.

Separately, Wall Street Zen upgraded Etoro Group to a “hold” rating in a report on Tuesday, May 27th. Eight equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $75.88.

Etoro Group Trading Down 6.0%

Shares of Etoro Group stock opened at $62.96 on Monday. Etoro Group has a 52 week low of $57.50 and a 52 week high of $79.96.

Etoro Group (NASDAQ:ETOR) last announced its quarterly earnings results on Tuesday, June 10th. The company reported $0.69 EPS for the quarter. The business had revenue of $3.76 billion during the quarter.

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.