Eros International PLC (NYSE:EROS) has been given a consensus rating of “Hold” by the six ratings firms that are presently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and two have issued a buy recommendation on the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $15.00.

EROS has been the topic of a number of analyst reports. BidaskClub upgraded Eros International PLC from a “sell” rating to a “hold” rating in a research report on Friday, September 1st. Zacks Investment Research downgraded Eros International PLC from a “hold” rating to a “sell” rating in a research report on Wednesday, June 21st. ValuEngine downgraded Eros International PLC from a “hold” rating to a “sell” rating in a research report on Friday, June 2nd. Jefferies Group LLC reiterated a “buy” rating and set a $15.00 price objective (down previously from $18.00) on shares of Eros International PLC in a research report on Monday, July 31st. Finally, TheStreet downgraded Eros International PLC from a “c” rating to a “d+” rating in a research report on Friday, July 28th.

Eros International PLC (NYSE EROS) opened at 13.30 on Friday. Eros International PLC has a 52-week low of $6.65 and a 52-week high of $18.85. The firm has a 50-day moving average of $9.67 and a 200 day moving average of $10.43. The firm has a market cap of $790.51 million, a price-to-earnings ratio of 260.78 and a beta of 0.50.

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Institutional investors have recently made changes to their positions in the stock. American International Group Inc. lifted its position in Eros International PLC by 7.1% during the first quarter. American International Group Inc. now owns 18,219 shares of the company’s stock worth $188,000 after buying an additional 1,205 shares in the last quarter. Boston Common Asset Management LLC lifted its position in Eros International PLC by 34.8% during the first quarter. Boston Common Asset Management LLC now owns 20,745 shares of the company’s stock worth $214,000 after buying an additional 5,350 shares in the last quarter. Tudor Investment Corp ET AL purchased a new position in Eros International PLC during the first quarter worth approximately $256,000. Parametric Portfolio Associates LLC lifted its position in Eros International PLC by 36.4% during the second quarter. Parametric Portfolio Associates LLC now owns 30,135 shares of the company’s stock worth $345,000 after buying an additional 8,041 shares in the last quarter. Finally, Teachers Advisors LLC lifted its position in Eros International PLC by 25.4% during the fourth quarter. Teachers Advisors LLC now owns 55,045 shares of the company’s stock worth $718,000 after buying an additional 11,159 shares in the last quarter. Hedge funds and other institutional investors own 63.94% of the company’s stock.

About Eros International PLC

Eros International Plc (Eros) is a holding company, which serves the Indian film entertainment industry. The Company’s principal activities include the acquisition, co-production and distribution of Indian films and related content. It distributes its film content through the distribution channels, such as theatrical, including multiplex chains and standalone theaters; television syndication, including satellite television broadcasting, cable television and terrestrial television; digital and ancillary, including music, inflight entertainment, home video, Internet protocol television (IPTV), video on demand (VOD), and Internet channels and Eros Now.

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