Eldorado Gold Corp (ELD) Given Consensus Rating of “Hold” by Brokerages

Shares of Eldorado Gold Corp (TSE:ELD) (NYSE:EGO) have been given a consensus rating of “Hold” by the eight ratings firms that are presently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and one has assigned a buy recommendation to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is C$2.68.

ELD has been the topic of several recent research reports. BMO Capital Markets decreased their target price on shares of Eldorado Gold from C$2.25 to C$1.75 in a research report on Monday, November 13th. Canaccord Genuity decreased their target price on shares of Eldorado Gold from C$2.25 to C$2.00 in a research report on Monday, October 30th. Desjardins reaffirmed a “hold” rating on shares of Eldorado Gold in a research report on Monday, December 11th. Eight Capital reaffirmed a “neutral” rating on shares of Eldorado Gold in a research report on Thursday, November 16th. Finally, JPMorgan Chase & Co. cut shares of Eldorado Gold from an “overweight” rating to a “neutral” rating in a research report on Monday, November 13th.

Shares of Eldorado Gold (TSE ELD) traded down C$0.04 during mid-day trading on Friday, hitting C$1.65. 3,788,600 shares of the stock traded hands, compared to its average volume of 2,254,517. The firm has a market cap of $1,340.00, a PE ratio of -82.50 and a beta of 0.74. Eldorado Gold has a 1 year low of C$1.39 and a 1 year high of C$5.13.

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Eldorado Gold Company Profile

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 (TSE:ELD)

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