Etoro Group (NASDAQ:ETOR) Coverage Initiated by Analysts at Bank of America

Bank of America assumed coverage on shares of Etoro Group (NASDAQ:ETOR) in a research note issued to investors on Monday morning, Marketbeat.com reports. The firm issued a neutral rating and a $71.00 price objective on the stock.

Other analysts also recently issued reports about the company. Citizens Jmp started coverage on Etoro Group in a research note on Monday. They issued a “mkt outperform” rating and a $85.00 target price for the company. The Goldman Sachs Group initiated coverage on shares of Etoro Group in a research report on Monday. They set a “buy” rating and a $76.00 price objective for the company. Jefferies Financial Group started coverage on shares of Etoro Group in a research report on Monday. They set a “buy” rating and a $80.00 price target on the stock. Needham & Company LLC initiated coverage on Etoro Group in a research report on Monday. They issued a “buy” rating and a $80.00 price objective for the company. Finally, Mizuho assumed coverage on Etoro Group in a research report on Monday. They issued an “outperform” rating and a $80.00 target price on the stock. Eight research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $75.88.

Etoro Group Stock Performance

NASDAQ:ETOR opened at $75.97 on Monday. Etoro Group has a one year low of $57.50 and a one year high of $76.75.

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.