Eldorado Gold Corp (ELD) PT Lowered to C$2.25

Eldorado Gold Corp (TSE:ELD) (NYSE:EGO) had its price target decreased by research analysts at BMO Capital Markets from C$3.50 to C$2.25 in a research report issued on Tuesday, October 24th. The firm presently has a “market perform” rating on the stock. BMO Capital Markets’ target price suggests a potential upside of 48.03% from the company’s previous close.

Several other research analysts have also recently weighed in on the stock. Scotiabank cut their price target on shares of Eldorado Gold Corp to C$3.60 and set a “sector perform” rating on the stock in a report on Tuesday, September 12th. TD Securities dropped their target price on shares of Eldorado Gold Corp to C$5.15 and set a “buy” rating on the stock in a research note on Tuesday, September 12th. Finally, Canaccord Genuity dropped their target price on shares of Eldorado Gold Corp from C$3.25 to C$2.25 in a research note on Tuesday, October 24th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of C$3.65.

Eldorado Gold Corp (ELD) traded down C$0.09 during trading on Tuesday, reaching C$1.52. 2,704,078 shares of the company traded hands, compared to its average volume of 3,494,898. Eldorado Gold Corp has a 1-year low of C$1.49 and a 1-year high of C$5.13.

ILLEGAL ACTIVITY WARNING: This article was originally reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are reading this article on another publication, it was illegally stolen and republished in violation of US & international copyright & trademark legislation. The original version of this article can be viewed at https://www.dispatchtribunal.com/2017/11/11/eldorado-gold-corp-eld-pt-lowered-to-c2-25-at-bmo-capital-markets.html.

About Eldorado Gold Corp

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.

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