Eldorado Gold Corp (ELD) Given “Neutral” Rating at Dundee Securities
Dundee Securities reiterated their neutral rating on shares of Eldorado Gold Corp (TSE:ELD) in a report issued on Monday morning. Dundee Securities currently has a C$6.00 price objective on the stock.
A number of other analysts also recently weighed in on ELD. Goldman Sachs Group Inc. set a C$6.60 price target on shares of Eldorado Gold Corp in a research report on Wednesday, August 10th. TD Securities reaffirmed a buy rating and issued a C$6.00 price objective on shares of Eldorado Gold Corp in a report on Thursday, September 8th. Canaccord Genuity decreased their price objective on shares of Eldorado Gold Corp from C$8.50 to C$7.00 in a report on Friday, July 29th. Finally, Royal Bank Of Canada reaffirmed an outperform rating and issued a C$9.00 price objective on shares of Eldorado Gold Corp in a report on Tuesday, August 30th. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the company. The company presently has a consensus rating of Buy and an average price target of C$6.61.
Eldorado Gold Corp (TSE:ELD) opened at 5.21 on Monday. Eldorado Gold Corp has a one year low of $2.67 and a one year high of $6.71. The stock’s market cap is $3.73 billion. The stock has a 50 day moving average of $5.02 and a 200-day moving average of $5.23.
In other news, insider Dale Leeworthy Churcher sold 25,000 shares of the business’s stock in a transaction on Wednesday, July 6th. The shares were sold at an average price of C$6.55, for a total transaction of C$163,750.00.
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