Endeavour Mining (LON:EDV) Lowered to “Sector perform” Rating by Royal Bank Of Canada

Royal Bank Of Canada cut shares of Endeavour Mining (LON:EDV) to a sector perform rating in a research report report published on Friday, MarketBeat Ratings reports. They currently have GBX 4,600 price target on the stock, down from their previous price target of GBX 5,100.

A number of other equities research analysts have also recently commented on EDV. JPMorgan Chase & Co. decreased their price target on Endeavour Mining from GBX 5,700 to GBX 5,100 and set an “overweight” rating for the company in a research note on Thursday, July 16th. Berenberg Bank restated a “buy” rating and set a GBX 5,000 price target on shares of Endeavour Mining in a research note on Thursday, July 30th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 4,900.

Endeavour Mining Stock Performance

LON:EDV opened at GBX 4,046 on Friday. The company’s 50-day simple moving average is GBX 3,808.84 and its 200-day simple moving average is GBX 4,291.40. Endeavour Mining has a fifty-two week low of GBX 2,390 and a fifty-two week high of GBX 5,360. The stock has a market capitalization of £9.78 billion, a P/E ratio of 11.90 and a beta of 1.14.

About Endeavour Mining

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.