Brokerages Set Eldorado Gold Corp (ELD) Target Price at $5.38

Eldorado Gold Corp (TSE:ELD) (NYSE:EGO) has received an average rating of “Buy” from the seven brokerages that are presently covering the company. Two analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is C$5.29.

A number of equities analysts recently weighed in on the stock. Scotiabank restated an “outperform” rating and set a C$4.50 target price on shares of Eldorado Gold Corp in a report on Friday, February 24th. Royal Bank of Canada restated an “outperform” rating and set a C$5.75 target price on shares of Eldorado Gold Corp in a report on Thursday, March 30th. BMO Capital Markets reaffirmed a “market perform” rating and set a C$5.00 price objective on shares of Eldorado Gold Corp in a research report on Thursday, March 30th. Finally, TD Securities reaffirmed a “buy” rating and set a C$4.75 price objective on shares of Eldorado Gold Corp in a research report on Monday, February 27th.

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About Eldorado Gold Corp

Eldorado Gold Corporation (Eldorado) is a 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, Tocantinzinho project and exploration activities in Brazil.

12 Month Chart for TSE:ELD

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