Eldorado Gold Corp Downgraded to Hold at Haywood Securities (ELD)
Eldorado Gold Corp (TSE:ELD) was downgraded by Haywood Securities from a “buy” rating to a “hold” rating in a research note issued on Monday, AnalystRatingsNetwork.com reports.
Eldorado Gold Corp (TSE:ELD) traded down 2.51% on Monday, hitting $7.76. 1,492,159 shares of the company’s stock traded hands. Eldorado Gold Corp has a 52-week low of $5.73 and a 52-week high of $10.66. The stock has a 50-day moving average of $7.13 and a 200-day moving average of $7.12. The company has a market cap of $5.556 billion and a price-to-earnings ratio of 37.90.
A number of other analysts have also recently weighed in on ELD. Analysts at TD Securities downgraded shares of Eldorado Gold Corp from an “action list buy” rating to a “buy” rating in a research note on Monday. They now have a C$10.00 price target on the stock, up previously from C$9.50. Analysts at Canaccord Genuity cut their price target on shares of Eldorado Gold Corp from C$8.00 to C$7.25 in a research note on Monday, January 13th. They now have a “hold” rating on the stock. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and four have assigned a buy rating to the company’s stock. Eldorado Gold Corp currently has an average rating of “Hold” and a consensus price target of C$9.91.
Eldorado Gold Corporation (TSE:ELD) is a gold exploration, development, mining and production company.
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