Eros International plc (EROS) Receives Average Recommendation of “Hold” from Brokerages

Eros International plc (NYSE:EROS) has been assigned an average recommendation of “Hold” from the six ratings firms that are covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $17.00.

A number of research analysts have issued reports on EROS shares. Jefferies Group reissued a “buy” rating and set a $17.00 price objective (up from $15.00) on shares of Eros International in a research report on Monday, October 9th. Wells Fargo & Co reissued an “outperform” rating and set a $17.00 price objective (up from $16.00) on shares of Eros International in a research report on Monday, October 9th. Zacks Investment Research downgraded shares of Eros International from a “hold” rating to a “strong sell” rating in a research report on Tuesday, October 10th. BidaskClub downgraded shares of Eros International from a “hold” rating to a “sell” rating in a research report on Wednesday, October 25th. Finally, ValuEngine downgraded shares of Eros International from a “hold” rating to a “sell” rating in a research report on Friday, October 27th.

Eros International (EROS) opened at $10.65 on Thursday. The company has a current ratio of 1.44, a quick ratio of 1.44 and a debt-to-equity ratio of 0.10. The stock has a market cap of $652.20, a price-to-earnings ratio of 355.00, a price-to-earnings-growth ratio of 3.54 and a beta of 0.56. Eros International has a 1 year low of $6.65 and a 1 year high of $16.90.

Eros International (NYSE:EROS) last issued its quarterly earnings data on Wednesday, November 22nd. The company reported ($0.03) earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of ($0.03). Eros International had a net margin of 0.96% and a return on equity of 0.22%. equities research analysts predict that Eros International will post 0.2 earnings per share for the current year.

Large investors have recently added to or reduced their stakes in the company. Boston Common Asset Management LLC grew its position in shares of Eros International by 4.5% in the 2nd quarter. Boston Common Asset Management LLC now owns 21,675 shares of the company’s stock worth $248,000 after buying an additional 930 shares during the period. Parametric Portfolio Associates LLC grew its position in shares of Eros International by 36.4% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 30,135 shares of the company’s stock worth $345,000 after buying an additional 8,041 shares during the period. Van ECK Associates Corp grew its position in shares of Eros International by 31.4% in the 2nd quarter. Van ECK Associates Corp now owns 273,294 shares of the company’s stock worth $912,000 after buying an additional 65,253 shares during the period. SG Americas Securities LLC purchased a new stake in shares of Eros International in the 3rd quarter worth about $1,605,000. Finally, State Street Corp grew its position in shares of Eros International by 7.1% in the 2nd quarter. State Street Corp now owns 524,135 shares of the company’s stock worth $6,002,000 after buying an additional 34,838 shares during the period. 60.49% of the stock is currently owned by hedge funds and other institutional investors.

ILLEGAL ACTIVITY NOTICE: “Eros International plc (EROS) Receives Average Recommendation of “Hold” from Brokerages” was originally reported by Ticker Report and is the property of of Ticker Report. If you are viewing this news story on another site, it was illegally copied and republished in violation of international copyright law. The legal version of this news story can be viewed at https://www.tickerreport.com/banking-finance/3143329/eros-international-plc-eros-receives-average-recommendation-of-hold-from-brokerages.html.

About Eros International

Eros International Plc (Eros) is a holding company, which serves the Indian film entertainment industry. The Company’s principal activities include the acquisition, co-production and distribution of Indian films and related content. It distributes its film content through the distribution channels, such as theatrical, including multiplex chains and standalone theaters; television syndication, including satellite television broadcasting, cable television and terrestrial television; digital and ancillary, including music, inflight entertainment, home video, Internet protocol television (IPTV), video on demand (VOD), and Internet channels and Eros Now.

Receive News & Ratings for Eros International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eros International and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

How to Trade on Forex – 8 Steps for Beginners
How to Trade on Forex – 8 Steps for Beginners
Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


© 2006-2018 Ticker Report. Google+.