Etoro Group (NASDAQ:ETOR) Now Covered by Citigroup

Citigroup initiated coverage on shares of Etoro Group (NASDAQ:ETOR) in a research note issued to investors on Monday morning, MarketBeat reports. The brokerage issued a neutral rating and a $72.00 price objective on the stock.

A number of other research firms have also recently weighed in on ETOR. The Goldman Sachs Group initiated coverage on Etoro Group in a research report on Monday. They set a “buy” rating and a $76.00 price objective for the company. Keefe, Bruyette & Woods started coverage on Etoro Group in a research note on Monday. They set a “market perform” rating and a $65.00 price target for the company. Needham & Company LLC initiated coverage on Etoro Group in a report on Monday. They set a “buy” rating and a $80.00 price target for the company. Wall Street Zen raised shares of Etoro Group to a “hold” rating in a research note on Tuesday, May 27th. Finally, Canaccord Genuity Group began coverage on shares of Etoro Group in a research report on Monday. They set a “buy” rating and a $78.00 price objective for the company. Eight research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $75.88.

Etoro Group Stock Up 10.6%

Shares of NASDAQ:ETOR opened at $75.97 on Monday. Etoro Group has a 1-year low of $57.50 and a 1-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.