Shares of Eros International plc (NYSE:EROS) have been given an average rating of “Hold” by the six brokerages that are presently covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and two have given a buy rating to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $17.00.

A number of equities research analysts have recently weighed in on EROS shares. Jefferies Group restated a “buy” rating and issued a $17.00 price objective (up from $15.00) on shares of Eros International in a report on Monday, October 9th. BidaskClub upgraded shares of Eros International from a “sell” rating to a “hold” rating in a report on Friday, November 3rd. Wells Fargo & Co reiterated an “outperform” rating and set a $17.00 price target (up from $16.00) on shares of Eros International in a report on Monday, October 9th. Zacks Investment Research lowered shares of Eros International from a “hold” rating to a “sell” rating in a report on Tuesday. Finally, ValuEngine lowered shares of Eros International from a “hold” rating to a “sell” rating in a report on Tuesday, December 12th.

A number of large investors have recently bought and sold shares of EROS. Boston Common Asset Management LLC raised its holdings in Eros International by 4.5% during the 2nd quarter. Boston Common Asset Management LLC now owns 21,675 shares of the company’s stock valued at $248,000 after buying an additional 930 shares during the last quarter. Parametric Portfolio Associates LLC raised its holdings in Eros International by 36.4% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 30,135 shares of the company’s stock valued at $345,000 after buying an additional 8,041 shares during the last quarter. Van ECK Associates Corp raised its holdings in Eros International by 31.4% during the 2nd quarter. Van ECK Associates Corp now owns 273,294 shares of the company’s stock valued at $912,000 after buying an additional 65,253 shares during the last quarter. SG Americas Securities LLC bought a new stake in Eros International during the 3rd quarter valued at $1,605,000. Finally, State Street Corp raised its holdings in Eros International by 7.1% during the 2nd quarter. State Street Corp now owns 524,135 shares of the company’s stock valued at $6,002,000 after buying an additional 34,838 shares during the last quarter. Institutional investors own 60.49% of the company’s stock.

Shares of Eros International (EROS) opened at $10.65 on Thursday. The firm has a market cap of $652.20, a P/E ratio of 355.00, a PEG ratio of 3.54 and a beta of 0.56. The company has a quick ratio of 1.44, a current ratio of 1.44 and a debt-to-equity ratio of 0.10. Eros International has a 1-year low of $6.65 and a 1-year high of $16.90.

Eros International (NYSE:EROS) last announced its quarterly earnings data on Wednesday, November 22nd. The company reported ($0.03) earnings per share for the quarter, hitting the Zacks’ consensus estimate of ($0.03). Eros International had a net margin of 0.96% and a return on equity of 0.22%. research analysts predict that Eros International will post 0.2 earnings per share for the current year.

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Eros International Company Profile

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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