Eldorado Gold Corp PT Raised to C$9.00 at RBC Capital (ELD)
Stock analysts at RBC Capital lifted their target price on shares of Eldorado Gold Corp (TSE:ELD) from C$8.50 to C$9.00 in a report issued on Wednesday. The firm currently has a “sector perform” rating on the stock. RBC Capital’s price target would suggest a potential upside of 6.64% from the company’s current price.
Eldorado Gold Corp (TSE:ELD) traded up 5.24% during mid-day trading on Wednesday, hitting $8.44. 2,864,204 shares of the company’s stock traded hands. Eldorado Gold Corp has a 1-year low of $5.73 and a 1-year high of $10.08. The stock has a 50-day moving average of $7.05 and a 200-day moving average of $6.95. The company’s market cap is $6.031 billion.
Eldorado Gold Corp (TSE:ELD) last issued its quarterly earnings data on Monday, May 5th. The company reported $0.06 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.06. On average, analysts predict that Eldorado Gold Corp will post $0.21 earnings per share for the current fiscal year.
Separately, analysts at Mackie cut their price target on shares of Eldorado Gold Corp from C$8.00 to C$7.50 in a research note on Monday, May 5th. They now have a “hold” rating on the stock. One analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of C$8.18.
Eldorado Gold Corporation (TSE:ELD) is a gold exploration, development, mining and production company.
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