Eros International (NYSE:EROS): Outperform Rating was Reaffirmed by Equity Research Analysts at Wells Fargo; with Price Target of $17.

June 29, 2018 - By Sergio Grout

Eros International Plc (NYSE:EROS) Corporate Logo

Reiterated Eros International (NYSE:EROS) Rating.

After Wells Fargo’s $17 target price per share was shared with investors and clients on Thursday, 28 June, Eros International (NYSE:EROS) suggests 30.97 % upside potential.

EROS touched $12.975 during the last trading session after $0.775 change.Currently Eros International Plc is uptrending after 15.77% change in last June 29, 2017. EROS has also 212,096 shares volume. EROS outperformed the S&P 500 by 3.20%.

Eros International Plc (NYSE:EROS)’s earnings release is awaited by WallStreet on July, 27, according to RTT. Analysts expect change of 475.00 % or $0.19 from previous year’s $-0.04 earnings per share compared to current’s $0.15 earnings per share. If $0.15 is reported, EROS’s profit will reach $9.00 million for 21.63 P/E. After $0.05 EPS report last quarter, Wall Street now forecasts 200.00 % EPS growth of Eros International Plc.

Eros International Plc, together with its subsidiaries, co-produces, acquires, and distributes Indian films in various formats worldwide.The firm is worth $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 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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