Endeavour Mining (LON:EDV) Given New GBX 6,000 Price Target at Berenberg Bank

Endeavour Mining (LON:EDV) had its price objective hoisted by equities research analysts at Berenberg Bank from GBX 5,100 to GBX 6,000 in a report released on Thursday,Digital Look reports. The brokerage presently has an “outperform” rating on the stock. Berenberg Bank’s price objective indicates a potential upside of 43.10% from the stock’s previous close.

Other analysts also recently issued research reports about the stock. Royal Bank Of Canada reaffirmed an “outperform” rating and set a GBX 6,000 price target on shares of Endeavour Mining in a research note on Tuesday. JPMorgan Chase & Co. decreased their price target on shares of Endeavour Mining from GBX 5,900 to GBX 5,700 and set an “overweight” rating for the company in a research note on Friday, May 8th. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of GBX 5,900.

Endeavour Mining Stock Performance

Endeavour Mining stock opened at GBX 4,193 on Thursday. The company has a 50 day moving average price of GBX 4,555.12 and a 200-day moving average price of GBX 4,262.66. Endeavour Mining has a fifty-two week low of GBX 2,164 and a fifty-two week high of GBX 5,360. The company has a market capitalization of £10.12 billion, a PE ratio of 12.05 and a beta of 1.12.

Endeavour Mining Company Profile

Endeavour Mining is one of the world’s senior gold producers and the largest in West Africa, with operating assets across Senegal, Côte d’Ivoire and Burkina Faso and a strong portfolio of advanced development projects and exploration assets in the highly prospective Birimian Greenstone Belt across West Africa. A member of the World Gold Council, Endeavour is committed to the principles of responsible mining and delivering meaningful value to people and society. Endeavour is admitted to listing and to trading on the London Stock Exchange and the Toronto Stock Exchange, under the symbol EDV.