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

June 29, 2018 - By Don Salinas

Eros International Plc (NYSE:EROS) Corporate Logo

Reiterated Eros International (NYSE:EROS) Rating.

New York: On 28 June, a report was issued to clients of Eros International (NYSE:EROS). Its “Outperform” Rating maintained by Analysts at Wells Fargo. Analysts have target price per share of $17 which means 30.97 % upside potential on firm’s stock.

Ticker’s shares touched $12.975 during the last trading session after 5.64% change.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%.

Eros International Plc (NYSE:EROS) is awaited to announce earnings on July, 27., Zacks reports. The EPS diference is $0.19 or 475.00 % up from last years number. Previous year: $-0.04; Analysts forcast: $0.15. If the current EPS of $0.15 is accurate, EROS’s profit could be $9.00 million. Last quarter $0.05 EPS was reported. Analysts predicts 200.00 % EPS growth this quarter.

Eros International Plc, together with its subsidiaries, co-produces, acquires, and distributes Indian films in various formats worldwide.The company has $778.31 million market cap. 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 posted by Twst.com, Streetinsider.com and Benzinga.com. The first one has “Eros International plc: Eros International to Report Fourth Quarter and Fiscal Year 2018 Results on June 27, 2018” as a title and was posted on June 14, 2018. The next is “UPDATE: Eros International Plc (EROS) PT Raised to Street High $20 at Macquarie” on June 28, 2018. And last was posted on June 27, 2018, called “Earnings Scheduled For June 27, 2018”.

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