Eldorado Gold Corp (TSE:ELD)‘s stock had its “neutral” rating restated by analysts at Dundee Securities in a research note issued to investors on Monday. They currently have a C$6.00 price target on the stock. Dundee Securities’ price objective would suggest a potential upside of 14.07% from the company’s previous close.
Other analysts also recently issued reports about the stock. Canaccord Genuity reduced their target price on shares of Eldorado Gold Corp from C$8.50 to C$7.00 in a report on Friday, July 29th. Goldman Sachs Group Inc. set a C$6.60 target price on shares of Eldorado Gold Corp in a report on Wednesday, August 10th. TD Securities reduced their target price on shares of Eldorado Gold Corp from C$6.50 to C$6.00 and set a “buy” rating on the stock in a report on Friday, July 29th. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a C$9.00 target price on shares of Eldorado Gold Corp in a report on Tuesday, August 30th. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the stock. Eldorado Gold Corp has an average rating of “Buy” and a consensus target price of C$6.61.
Eldorado Gold Corp (TSE:ELD) opened at 5.26 on Monday. The company’s market cap is $3.76 billion. Eldorado Gold Corp has a 12-month low of $2.67 and a 12-month high of $6.71. The stock has a 50 day moving average of $5.03 and a 200 day moving average of $5.23.
In related news, insider Dale Leeworthy Churcher sold 25,000 shares of the company’s stock in a transaction dated Wednesday, July 6th. The shares were sold at an average price of C$6.55, for a total transaction of C$163,750.00.
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