“Outperform” rating was Reaffirmed at Wells Fargo. Eros International (NYSE:EROS) Has Given Price Objective Of $17.

June 29, 2018 - By Daniel Mitchell

Eros International Plc (NYSE:EROS) Corporate Logo

Reiterated Eros International (NYSE:EROS) Rating.

In an analyst note issued to clients by Wells Fargo’s research analysts, Eros International (NYSE:EROS) had it’s stock Rating kept to “Outperform”. On 28 June it has $17 or 30.97 % target price per share that gives a potential upside move.

The stock decreased 5.64% or $0.775 during the last trading session, hitting $12.975.Eros International Plc has volume of 212,096 shares. Since June 29, 2017 EROS has risen 15.77% and is uptrending. EROS outperformed the S&P 500 by 3.20%.

On July, 27 Eros International Plc (NYSE:EROS)’s earnings release is awaited by WallStreet, as reported by RTT. EPS of $0.15 is 475.00 % up from 2017’s $-0.04 EPS. If $0.15 is reported, EROS’s profit will reach $9.00M for 21.63 P/E. 200.00 % EPS growth is what Wall Street’s predicts after $0.05 reported EPS last quarter.

Eros International Plc, together with its subsidiaries, co-produces, acquires, and distributes Indian films in various formats worldwide.The firm is valued at $778.31 million. The firm distributes its film content through various distribution channels, such as theatrical, which includes multiplex chains and stand-alone theaters; television syndication that comprises satellite television broadcasting, cable television, and terrestrial television; and digital and ancillary that includes music, inflight entertainment, home video, Internet protocol television, video on demand, and Internet channels, as well as Eros Now online entertainment service.Currently it has negative earnings. It also distributes its film content through physical formats, such as DVDs and video compact discs in hotels and on airlines, as well as for use on mobile networks; and distributes and licenses content on physical media, including on Blu-ray discs, DVDs, and VCDs.

More recent Eros International Plc (NYSE:EROS) news were published by Streetinsider.com, Benzinga.com and Twst.com. The first one has “UPDATE: Eros International Plc (EROS) PT Raised to Street High $20 at Macquarie” as a title and was published on June 28, 2018. The next is “Earnings Scheduled For June 27, 2018” on June 27, 2018. And last was published on June 14, 2018, called “Eros International plc: Eros International to Report Fourth Quarter and Fiscal Year 2018 Results on June 27, 2018”.

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