Eldorado Gold Corp’s (ELD) “Neutral” Rating Reiterated at Eight Capital

Eight Capital restated their neutral rating on shares of Eldorado Gold Corp (TSE:ELD) (NYSE:EGO) in a research report released on Thursday morning.

Other analysts have also recently issued reports about the stock. BMO Capital Markets decreased their price target on shares of Eldorado Gold Corp from C$4.00 to C$2.50 and set a market perform rating on the stock in a research note on Tuesday, September 12th. Scotiabank decreased their price target on shares of Eldorado Gold Corp to C$3.60 and set a sector perform rating on the stock in a research note on Tuesday, September 12th. J P Morgan Chase & Co cut shares of Eldorado Gold Corp from an overweight rating to a neutral rating in a research note on Monday, November 13th. Canaccord Genuity decreased their price target on shares of Eldorado Gold Corp from C$2.25 to C$2.00 in a research note on Monday, October 30th. Finally, Royal Bank Of Canada decreased their price target on shares of Eldorado Gold Corp to C$2.00 and set an underperform rating on the stock in a research note on Thursday, November 2nd. One research analyst has rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the stock. The stock has a consensus rating of Hold and an average target price of C$3.42.

Shares of Eldorado Gold Corp (TSE:ELD) opened at C$1.61 on Thursday. Eldorado Gold Corp has a 52 week low of C$1.44 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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