Eldorado Gold Corp (ELD) Receives Consensus Rating of “Hold” from Analysts

Shares of Eldorado Gold Corp (TSE:ELD) (NYSE:EGO) have earned an average recommendation of “Hold” from the eight brokerages that are covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is C$3.58.

A number of equities research analysts have recently issued reports on ELD shares. BMO Capital Markets reduced their price target on shares of Eldorado Gold Corp from C$4.00 to C$2.50 and set a “market perform” rating for the company in a research report on Tuesday, September 12th. Royal Bank Of Canada downgraded shares of Eldorado Gold Corp from a “sector perform” rating to an “underperform” rating and set a C$2.35 price target for the company. in a research report on Wednesday, October 25th. Scotiabank reduced their price target on shares of Eldorado Gold Corp to C$3.60 and set a “sector perform” rating for the company in a research report on Tuesday, September 12th. TD Securities reduced their price target on shares of Eldorado Gold Corp to C$5.15 and set a “buy” rating for the company in a research report on Tuesday, September 12th. Finally, Canaccord Genuity reduced their price target on shares of Eldorado Gold Corp from C$3.25 to C$2.25 in a research report on Tuesday, October 24th.

Eldorado Gold Corp (ELD) traded down C$0.09 during mid-day trading on Monday, hitting C$1.52. 2,704,078 shares of the stock were exchanged, compared to its average volume of 3,494,898. Eldorado Gold Corp has a 52 week low of C$1.49 and a 52 week high of C$5.13.

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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)

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