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Stock analysts at Raymond James decreased their price target on shares of Eldorado Gold (NYSE:EGO) from $10.50 to $9.50 in a report issued on Friday, Stock Ratings Network reports. Raymond James’ price objective would suggest a potential upside of 49.14% from the company’s current price.

Several other analysts have also recently commented on the stock. Analysts at Morgan Stanley downgraded shares of Eldorado Gold from an “overweight” rating to an “equal weight” rating in a research note to investors on Tuesday, November 26th. They now have a $7.70 price target on the stock, down previously from $8.00. Separately, analysts at TD Securities cut their price target on shares of Eldorado Gold from $11.00 to $10.00 in a research note to investors on Monday, November 11th. They now have an “action buy list” rating on the stock. Finally, analysts at RBC Capital reiterated a “sector perform” rating on shares of Eldorado Gold in a research note to investors on Monday, November 11th. They now have a $9.00 price target on the stock. One research analyst has rated the stock with a sell rating, four have issued a hold rating and seven have given a buy rating to the stock. Eldorado Gold has a consensus rating of “Buy” and an average price target of $9.16.

Eldorado Gold (NYSE:EGO) traded up 4.24% on Friday, hitting $6.64. The stock had a trading volume of 3,125,586 shares. Eldorado Gold has a 52 week low of $5.35 and a 52 week high of $13.26. The stock has a 50-day moving average of $5.75 and a 200-day moving average of $6.79. The company has a market cap of $4.745 billion and a price-to-earnings ratio of 30.62.

Eldorado Gold (NYSE:EGO) last issued its quarterly earnings data on Friday, November 8th. The company reported $0.05 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.06 by $0.01. The company had revenue of $287.30 million for the quarter, compared to the consensus estimate of $275.16 million. During the same quarter in the prior year, the company posted $0.11 earnings per share. The company’s quarterly revenue was up 2.0% on a year-over-year basis. On average, analysts predict that Eldorado Gold will post $0.33 earnings per share for the current fiscal year.

Eldorado Gold Corporation (NYSE:EGO) is a gold exploration, development, mining and production company.

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