BMO Capital Markets Raises Eldorado Gold Corp (ELD) Price Target to C$3.50

Eldorado Gold Corp (TSE:ELD) (NYSE:EGO) had its target price upped by BMO Capital Markets from C$2.50 to C$3.50 in a report issued on Saturday, September 23rd. BMO Capital Markets currently has a market perform rating on the stock.

Several other brokerages also recently weighed in on ELD. Royal Bank Of Canada restated an outperform rating and issued a C$5.70 target price on shares of Eldorado Gold Corp in a research note on Friday, May 26th. Eight Capital reduced their price target on shares of Eldorado Gold Corp from C$6.00 to C$5.25 in a research report on Monday, June 12th. Canaccord Genuity downgraded shares of Eldorado Gold Corp from a buy rating to a speculative buy rating and set a C$6.00 price target on the stock. in a research report on Thursday, June 15th. Scotiabank reduced their price target on shares of Eldorado Gold Corp to C$3.60 and set a sector perform rating on the stock in a research report on Tuesday, September 12th. Finally, TD Securities dropped their price objective on shares of Eldorado Gold Corp to C$5.15 and set a buy rating on the stock in a report on Tuesday, September 12th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company currently has a consensus rating of Hold and a consensus target price of C$4.93.

Shares of Eldorado Gold Corp (ELD) opened at 2.74 on Friday. The company’s market capitalization is $1.96 billion. The stock has a 50 day moving average price of $2.51 and a 200 day moving average price of $3.69. Eldorado Gold Corp has a one year low of $2.24 and a one year high of $5.60.

COPYRIGHT VIOLATION NOTICE: This report was posted by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this report on another website, it was illegally stolen and republished in violation of international copyright laws. The correct version of this report can be read at https://ledgergazette.com/2017/10/01/eldorado-gold-corp-eld-price-target-raised-to-c3-50-at-bmo-capital-markets.html.

About Eldorado Gold Corp

Eldorado Gold Corporation (Eldorado) is a 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, Tocantinzinho project and exploration activities in Brazil.

Analyst Recommendations for Eldorado Gold Corp (TSE:ELD)

Receive News & Ratings for Eldorado Gold Corp Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Eldorado Gold Corp and related companies with MarketBeat.com’s FREE daily email newsletter.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

5 + five =