Eldorado Gold Corp (ELD) Given Average Recommendation of “Buy” by Brokerages
Shares of Eldorado Gold Corp (TSE:ELD) (NYSE:EGO) have earned a consensus recommendation of “Buy” from the eight analysts that are currently covering the company, MarketBeat.com reports. Three research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is C$5.22.
Several equities analysts recently weighed in on ELD shares. Scotiabank reaffirmed an “outperform” rating and issued a C$4.50 price target on shares of Eldorado Gold Corp in a research report on Friday, February 24th. TD Securities reaffirmed a “buy” rating and issued a C$4.75 price target on shares of Eldorado Gold Corp in a research report on Monday, February 27th. Royal Bank Of Canada dropped their price target on shares of Eldorado Gold Corp to C$5.25 and set an “outperform” rating on the stock in a research report on Tuesday, February 28th. BMO Capital Markets reaffirmed a “market perform” rating and issued a C$5.00 price target on shares of Eldorado Gold Corp in a research report on Thursday, March 30th. Finally, Eight Capital dropped their price target on shares of Eldorado Gold Corp from C$6.00 to C$5.25 in a research report on Monday.
Shares of Eldorado Gold Corp (TSE:ELD) opened at 3.54 on Friday. Eldorado Gold Corp has a one year low of $3.46 and a one year high of $6.71. The company has a 50 day moving average of $4.42 and a 200-day moving average of $4.39. The stock’s market cap is $2.53 billion.
In other Eldorado Gold Corp news, insider Dawn Louise Moss sold 25,000 shares of Eldorado Gold Corp stock in a transaction that occurred on Tuesday, June 6th. The shares were sold at an average price of C$4.30, for a total transaction of C$107,500.00.
About Eldorado Gold Corp
Eldorado Gold Corporation (Eldorado) is a gold exploration, development and mining company. The Company’s geographical segments include Turkey, Brazil, Greece, Romania and Other. The Turkey segment includes the Kisladag and the Efemcukuru mines and exploration activities in Turkey. The Brazil segment includes the Vila Nova mine, Tocantinzinho project and exploration activities in Brazil.
Receive News & Ratings for Eldorado Gold Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eldorado Gold Corp and related companies with MarketBeat.com's FREE daily email newsletter.