Royal Bank Of Canada Reiterates Outperform Rating for Endeavour Mining (LON:EDV)
by Mitch Edgeman · The Markets DailyEndeavour Mining (LON:EDV – Get Free Report)‘s stock had its “outperform” rating reiterated by equities researchers at Royal Bank Of Canada in a research report issued to clients and investors on Tuesday,London Stock Exchange reports. They presently have a GBX 6,000 price target on the stock. Royal Bank Of Canada’s price objective points to a potential upside of 35.84% from the stock’s previous close.
Other equities research analysts have also recently issued research reports about the company. Berenberg Bank reiterated a “buy” rating and set a GBX 5,200 target price on shares of Endeavour Mining in a report on Thursday, April 30th. JPMorgan Chase & Co. lowered their target price on Endeavour Mining from GBX 5,900 to GBX 5,700 and set an “overweight” rating on the stock in a report on Friday, May 8th. Three analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of GBX 5,633.33.
Get Our Latest Analysis on EDV
Endeavour Mining Stock Performance
Shares of LON:EDV opened at GBX 4,417 on Tuesday. The business’s fifty day moving average price is GBX 4,544.23 and its two-hundred day moving average price is GBX 4,249.59. The stock has a market cap of £10.66 billion, a PE ratio of 12.69 and a beta of 1.12. Endeavour Mining has a one year low of GBX 2,164 and a one year high of GBX 5,360.
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.
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