Etoro Group (NASDAQ:ETOR) Coverage Initiated at The Goldman Sachs Group

Research analysts at The Goldman Sachs Group began coverage on shares of Etoro Group (NASDAQ:ETOR) in a research note issued to investors on Monday, MarketBeat reports. The firm set a “buy” rating and a $76.00 price target on the stock. The Goldman Sachs Group’s target price would indicate a potential upside of 13.50% from the stock’s current price.

A number of other research firms have also weighed in on ETOR. Wall Street Zen upgraded shares of Etoro Group to a “hold” rating in a report on Tuesday, May 27th. Needham & Company LLC began coverage on shares of Etoro Group in a report on Monday. They set a “buy” rating and a $80.00 target price for the company. Finally, Canaccord Genuity Group began coverage on shares of Etoro Group in a report on Monday. They set a “buy” rating and a $78.00 target price for the company. Eight equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $75.88.

Etoro Group Stock Performance

NASDAQ ETOR opened at $66.96 on Monday. Etoro Group has a 12-month low of $57.50 and a 12-month high of $79.96.

Etoro Group (NASDAQ:ETOR) last posted its quarterly earnings results on Tuesday, June 10th. The company reported $0.69 earnings per share (EPS) for the quarter.

About Etoro Group

Our mission is to open the global markets, connect our users to leading investors and give them the tools they need to grow their knowledge and wealth. The global financial markets are widely recognized as one of the greatest paths to wealth creation, although they have historically been opaque and inaccessible to many.