Etoro Group (NASDAQ:ETOR) Issues Earnings Results

Etoro Group (NASDAQ:ETOR) issued its earnings results on Tuesday. The company reported $0.69 earnings per share (EPS) for the quarter, Zacks reports.

Etoro Group Stock Up 3.5%

Shares of NASDAQ:ETOR opened at $78.61 on Tuesday. Etoro Group has a 12-month low of $57.50 and a 12-month high of $79.28.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on ETOR. Wall Street Zen upgraded Etoro Group to a “hold” rating in a research report on Tuesday, May 27th. TD Cowen assumed coverage on shares of Etoro Group in a report on Monday. They set a “buy” rating and a $80.00 price target for the company. Citizens Jmp started coverage on shares of Etoro Group in a research report on Monday. They set a “strong-buy” rating and a $85.00 price target for the company. Bank of America assumed coverage on shares of Etoro Group in a research report on Monday. They issued a “neutral” rating and a $71.00 price objective on the stock. Finally, Canaccord Genuity Group started coverage on shares of Etoro Group in a research note on Monday. They set a “buy” rating and a $78.00 price objective for the company. Eight investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $75.88.

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.