National Bankshares Lowers Eldorado Gold (TSE:ELD) Price Target to C$27.00

Eldorado Gold (TSE:ELD) (NYSE:EGO) had its price objective cut by investment analysts at National Bankshares from C$28.00 to C$27.00 in a note issued to investors on Wednesday,BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. National Bankshares’ price target would suggest a potential upside of 28.82% from the stock’s previous close.

Separately, Stifel Nicolaus dropped their target price on Eldorado Gold from C$28.00 to C$27.00 in a research note on Monday, November 25th. Two research analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of C$23.61.

Eldorado Gold Price Performance

Shares of TSE:ELD opened at C$20.96 on Wednesday. The company has a quick ratio of 2.28, a current ratio of 3.62 and a debt-to-equity ratio of 20.85. The company has a 50-day moving average price of C$22.34 and a 200 day moving average price of C$22.84. The company has a market cap of C$4.29 billion, a P/E ratio of 17.47, a PEG ratio of 56.20 and a beta of 1.22. Eldorado Gold has a 52 week low of C$13.10 and a 52 week high of C$26.32.

Eldorado Gold Company Profile

Eldorado Gold Corp is a gold and base metals producer with mining, development and exploration operations in Turkey, Canada, Greece and Romania. It has a portfolio of high-quality assets and long-term partnerships with local communities. Some of its projects include Kisladag, Efemcukuru, Skouries; Perama Hill and Certej projects.