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Eldorado Gold (EGO) Gets a Sell from Bank of America Securities

Tipranks - Fri Feb 27, 5:56AM CST

Bank of America Securities analyst Lawson Winder maintained a Sell rating on Eldorado Gold today and set a price target of $33.00.

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According to TipRanks, Winder is a 5-star analyst with an average return of 23.0% and a 60.90% success rate. Winder covers the Basic Materials sector, focusing on stocks such as Pan American Silver, Newmont Mining, and Eldorado Gold.

The word on The Street in general, suggests a Hold analyst consensus rating for Eldorado Gold with a $48.51 average price target.

EGO market cap is currently C$11.92B and has a P/E ratio of 17.35.

Based on the recent corporate insider activity of 286 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.

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