BMO Capital initiates coverage of Eldorado Gold at 'outperform' with a price target of Cdn$17.00

An analyst from BMO Capital initiated coverage of Eldorado Gold (TSX: ELD ) at 'outperform' with a price target of Cdn$17.00 from a prior price target of %currency%%price%.
Prior to this rating, Eldorado Gold had 5 buy ratings, 5 hold ratings, and 2 sell ratings.
For consensus analyst estimates and price targets on Eldorado Gold, click here. For more news on Eldorado Gold, click here.
Eldorado Gold's stock price closed at $13.16. They are down -13.65% in the last month and up 23.45% in the last 12 months.
According to Investing Pro, Eldorado Gold's fair value is $15.67, an upside of 20.33%. Eldorado Gold's fair value comes with a medium degree of uncertainty, according to InvestingPro.
Check out Eldorado Gold's recent earnings performance and financials here.

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