Eldorado Gold share rating (TSE: ELD) reaffirmed by Credit Suisse Group


Eldorado Gold (TSE: ELD) (NYSE: EGO)The stock’s stock has seen its “hold” rating reaffirmed by equity researchers at Credit Suisse Group in a research report released Thursday to clients and investors, reports Stock Target Advisor. They currently have a price target of C $ 9.50 on the share. Credit Suisse Group’s target price suggests a potential decline of 16.30% from the company’s previous close.

The ELD has been the subject of several other reports. National Bank Financial reduced its target price for Eldorado gold to C $ 17.50 and established an “outperformance” rating for the stock in a report released on Monday, November 1. The Royal Bank of Canada reaffirmed a “sector performance” rating and set a price target of C $ 10.00 for Eldorado Gold shares in a research report released Thursday. BMO Capital Markets reaffirmed the “buy” rating of Eldorado Gold shares in a research report on Friday, October 1. National Bankshares lowered its price target for Eldorado Gold from C $ 18.00 to C $ 17.50 and established an “outperformance” rating for the company in a research report released on Monday, November 1. Finally, CSFB set a price target of C $ 8.75 on Eldorado Gold and gave the stock an “underperformance” rating in a research report on Friday, October 29. One investment analyst gave the stock a sell rating, three assigned a conservation rating, and three assigned a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of C $ 14.18.

ELD shares traded up C $ 0.33 during trading hours on Thursday, reaching C $ 11.35. 499,864 company shares were traded, against an average volume of 544,122. The company has a market capitalization of 2.07 billion Canadian dollars and a price / earnings ratio of -18.89. Eldorado Gold has a fifty-two week low of CA $ 9.52 and a fifty-two week high of CA $ 18.43. The company has a quick ratio of 2.95, a current ratio of 4.28, and a debt ratio of 14.12. The company’s fifty-day moving average is C $ 11.71 and its 200-day moving average is C $ 11.73.

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Eldorado Gold (TSE: ELD) (NYSE: EGO) last reported its results on Thursday, October 28. The company reported earnings per share (EPS) of C $ 0.28 for the quarter, beating the consensus estimate of C $ 0.23 by C $ 0.05. The company reported sales of C $ 300.24 million for the quarter. Analysts predict Eldorado Gold will post 0.8500001 EPS for the current year.

In other Eldorado Gold news, senior executive Lisa Marie Ower sold 9,365 shares in a deal dated Tuesday, September 28. The stock was sold for an average price of C $ 10.05, for a total value of C $ 94,118.25.

Eldorado Gold Company Profile

Eldorado Gold Corporation and its subsidiaries are engaged in the exploration, discovery, acquisition, financing, development, production, sale and recovery of mineral products, primarily in Turkey, Canada, Greece, Brazil and in Romania. The company mainly produces gold, as well as silver, lead, zinc and iron ore.

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Analyst Recommendations for Eldorado Gold (TSE: ELD)

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