02-08-2025
Scotiabank Keeps Their Hold Rating on Eldorado Gold (EGO)
In a report released today, Tanya Jakusconek from Scotiabank maintained a Hold rating on Eldorado Gold, with a price target of $24.00. The company's shares closed yesterday at $20.50.
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According to TipRanks, Jakusconek is a 5-star analyst with an average return of 13.1% and a 61.90% success rate. Jakusconek covers the Basic Materials sector, focusing on stocks such as Compania de Minas Buenaventura SAA, Eldorado Gold, and Kinross Gold.
Currently, the analyst consensus on Eldorado Gold is a Moderate Buy with an average price target of $24.22, representing a 18.15% upside. In a report released on July 23, Canaccord Genuity also maintained a Hold rating on the stock with a C$29.00 price target.
EGO market cap is currently $4.21B and has a P/E ratio of 12.79.
Based on the recent corporate insider activity of 280 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of EGO in relation to earlier this year.
