Eldorado Gold Corp has a consensus price target of $15.41 based on the ratings of 8 analysts. The high is $22.5 issued by CIBC on July 10, 2024. The low is $8.9 issued by B of A Securities on March 10, 2023. The 3 most-recent analyst ratings were released by Scotiabank, CIBC, and RBC Capital on August 19, 2024, July 10, 2024, and May 29, 2024, respectively. With an average price target of $20.83 between Scotiabank, CIBC, and RBC Capital, there's an implied 16.58% upside for Eldorado Gold Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Eldorado Gold (NYSE:EGO) was reported by Scotiabank on August 19, 2024. The analyst firm set a price target for $20.00 expecting EGO to rise to within 12 months (a possible 11.92% upside). 5 analyst firms have reported ratings in the last year.
The latest analyst rating for Eldorado Gold (NYSE:EGO) was provided by Scotiabank, and Eldorado Gold maintained their sector perform rating.
The last upgrade for Eldorado Gold Corp happened on May 29, 2024 when RBC Capital raised their price target to $20. RBC Capital previously had a sector perform for Eldorado Gold Corp.
The last downgrade for Eldorado Gold Corp happened on January 26, 2024 when Stifel changed their price target from N/A to N/A for Eldorado Gold Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Eldorado Gold, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Eldorado Gold was filed on August 19, 2024 so you should expect the next rating to be made available sometime around August 19, 2025.
While ratings are subjective and will change, the latest Eldorado Gold (EGO) rating was a maintained with a price target of $18.00 to $20.00. The current price Eldorado Gold (EGO) is trading at is $17.87, which is out of the analyst’s predicted range.
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