Analysts Set Eldorado Gold Corp (ELD) PT at $3.12
Eldorado Gold Corp (TSE:ELD) (NYSE:EGO) has earned an average recommendation of “Hold” from the nine ratings firms that are presently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and one has issued a buy recommendation on the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is C$3.12.
A number of analysts recently issued reports on the stock. Desjardins restated a “hold” rating on shares of Eldorado Gold in a research report on Monday. Scotiabank restated a “sector perform” rating and set a C$2.50 target price on shares of Eldorado Gold in a research report on Friday, November 17th. Eight Capital restated a “neutral” rating on shares of Eldorado Gold in a research report on Thursday, November 16th. J P Morgan Chase & Co lowered shares of Eldorado Gold from an “overweight” rating to a “neutral” rating in a research report on Monday, November 13th. Finally, BMO Capital Markets decreased their target price on shares of Eldorado Gold from C$2.25 to C$1.75 in a research report on Monday, November 13th.
Shares of Eldorado Gold (TSE ELD) traded up C$0.10 on Friday, hitting C$1.59. 2,417,971 shares of the stock were exchanged, compared to its average volume of 3,343,999. Eldorado Gold has a fifty-two week low of C$1.39 and a fifty-two week high of C$5.13.
About Eldorado Gold
Eldorado Gold Corp is a Canada-based gold exploration, development and mining company. The Company’s geographical segments include Turkey, Brazil, Greece, Romania and Other. The Turkey segment includes the Kisladag and the Efemcukuru mines and exploration activities in Turkey. The Brazil segment includes the Vila Nova mine, the Tocantinzinho project and exploration activities in Brazil.
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