Etoro Group (NASDAQ:ETOR) Releases Quarterly Earnings Results

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

Etoro Group Stock Performance

ETOR stock opened at $66.96 on Wednesday. Etoro Group has a 12 month low of $57.50 and a 12 month high of $79.96.

Analysts Set New Price Targets

Several research analysts recently commented on ETOR shares. The Goldman Sachs Group started coverage on shares of Etoro Group in a research note on Monday. They set a “buy” rating and a $76.00 price objective for the company. Redburn Atlantic started coverage on shares of Etoro Group in a research note on Monday. They set a “neutral” rating and a $68.00 price objective for the company. Citigroup started coverage on shares of Etoro Group in a research note on Monday. They set a “neutral” rating and a $72.00 price objective for the company. TD Cowen started coverage on shares of Etoro Group in a research note on Monday. They set a “buy” rating and a $80.00 price objective for the company. Finally, Jefferies Financial Group started coverage on shares of Etoro Group in a research note on Monday. They set a “buy” rating and a $80.00 price objective for the company. Eight analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $75.88.

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.