Eldorado Gold Corp (ELD) Given a C$6.00 Price Target at Dundee Securities

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Eldorado Gold Corp (TSE:ELD) has been given a C$6.00 target price by equities research analysts at Dundee Securities in a report issued on Monday. The firm currently has a a “neutral” rating on the stock. Dundee Securities’ target price points to a potential upside of 14.29% from the company’s previous close.
Several other brokerages also recently weighed in on ELD. TD Securities reiterated a “buy” rating and issued a C$6.00 price target on shares of Eldorado Gold Corp in a report on Thursday, September 8th. Royal Bank Of Canada reiterated an “outperform” rating and issued a C$9.00 price target on shares of Eldorado Gold Corp in a report on Tuesday, August 30th. Canaccord Genuity cut their price target on shares of Eldorado Gold Corp from C$8.50 to C$7.00 in a report on Friday, July 29th. Finally, Goldman Sachs Group Inc. set a C$6.60 price target on shares of Eldorado Gold Corp in a report on Wednesday, August 10th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of C$6.61.
Eldorado Gold Corp (TSE:ELD) traded up 0.095% during trading on Monday, hitting $5.255. 2,740,824 shares of the stock traded hands. Eldorado Gold Corp has a 52-week low of $2.67 and a 52-week high of $6.71. The stock’s market cap is $3.76 billion. The stock has a 50 day moving average price of $5.02 and a 200-day moving average price of $5.20.

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In other news, insider Dale Leeworthy Churcher sold 25,000 shares of the firm’s stock in a transaction that occurred on 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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