Etoro Group (NASDAQ:ETOR) Coverage Initiated by Analysts at Citizens Jmp

Citizens Jmp initiated coverage on shares of Etoro Group (NASDAQ:ETOR) in a research note published on Monday morning, MarketBeat Ratings reports. The brokerage issued a mkt outperform rating and a $85.00 price target on the stock.

Several other brokerages have also weighed in on ETOR. Wall Street Zen upgraded shares of Etoro Group to a “hold” rating in a report on Tuesday, May 27th. Needham & Company LLC started coverage on Etoro Group in a research report on Monday. They issued a “buy” rating and a $80.00 target price for the company. The Goldman Sachs Group started coverage on Etoro Group in a report on Monday. They issued a “buy” rating and a $76.00 price target on the stock. Jefferies Financial Group started coverage on Etoro Group in a research note on Monday. They issued a “buy” rating and a $80.00 price objective for the company. Finally, Redburn Atlantic began coverage on Etoro Group in a report on Monday. They set a “neutral” rating and a $68.00 price objective for the company. Eight equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat.com, Etoro Group currently has an average rating of “Moderate Buy” and a consensus price target of $75.88.

Etoro Group Stock Up 10.6%

Etoro Group stock opened at $75.97 on Monday. Etoro Group has a 12-month low of $57.50 and a 12-month 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.