Etoro Group (NASDAQ:ETOR) Earns Buy Rating from Analysts at Jefferies Financial Group

Jefferies Financial Group initiated coverage on shares of Etoro Group (NASDAQ:ETOR) in a research note published on Monday morning, Marketbeat reports. The brokerage issued a buy rating and a $80.00 target price on the stock.

A number of other equities research analysts also recently weighed in on ETOR. Canaccord Genuity Group initiated coverage on Etoro Group in a report on Monday. They issued a “buy” rating and a $78.00 target price on the stock. The Goldman Sachs Group initiated coverage on Etoro Group in a research note on Monday. They set a “buy” rating and a $76.00 target price for the company. Needham & Company LLC assumed coverage on shares of Etoro Group in a research note on Monday. They issued a “buy” rating and a $80.00 price target on the stock. Finally, Wall Street Zen upgraded shares of Etoro Group to a “hold” rating in a research report on Tuesday, May 27th. Eight research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to MarketBeat, Etoro Group presently has a consensus rating of “Moderate Buy” and an average target price of $75.88.

Etoro Group Trading Down 6.0%

Shares of ETOR opened at $62.96 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 released its earnings results on Tuesday, June 10th. The company reported $0.69 earnings per share for the quarter. The company had revenue of $3.76 billion for the quarter.

Etoro Group Company Profile

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.