TD Cowen Initiates Coverage on Etoro Group (NASDAQ:ETOR)

Equities research analysts at TD Cowen initiated coverage on shares of Etoro Group (NASDAQ:ETOR) in a report issued on Monday,Briefing.com Automated Import reports. The brokerage set a “buy” rating and a $80.00 price target on the stock. TD Cowen’s target price suggests a potential upside of 16.45% from the stock’s current price.

A number of other analysts have also weighed in on the stock. Citigroup began coverage on shares of Etoro Group in a research report on Monday. They issued a “neutral” rating and a $72.00 price objective on the stock. Cantor Fitzgerald started coverage on Etoro Group in a research note on Monday. They set an “overweight” rating and a $84.00 price target for the company. Jefferies Financial Group started coverage on Etoro Group in a research report on Monday. They issued a “buy” rating and a $80.00 price objective on the stock. Wall Street Zen raised Etoro Group to a “hold” rating in a research report on Tuesday, May 27th. Finally, The Goldman Sachs Group assumed 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. Eight research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $75.27.

Etoro Group Trading Up 9.8%

ETOR opened at $68.70 on Monday. Etoro Group has a 12 month low of $57.50 and a 12 month high of $74.28.

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.