Royal Bank Of Canada Reiterates Outperform Rating for Endeavour Mining (LON:EDV)

Endeavour Mining (LON:EDV – Get Free Report)‘s stock had its “outperform” rating restated by research analysts at Royal Bank Of Canada in a report issued on Tuesday,London Stock Exchange reports. They presently have a GBX 6,000 price target on the stock. Royal Bank Of Canada’s price target points to a potential upside of 35.84% from the stock’s previous close.

Other research analysts have also issued research reports about the company. JPMorgan Chase & Co. dropped their price objective 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. Berenberg Bank reaffirmed a “buy” rating and set a GBX 5,200 price objective on shares of Endeavour Mining in a report on Thursday, April 30th. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of GBX 5,633.33.

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Endeavour Mining Price Performance

Shares of EDV stock opened at GBX 4,417 on Tuesday. The business’s fifty day moving average price is GBX 4,544.23 and its 200 day moving average price is GBX 4,249.59. Endeavour Mining has a 1-year low of GBX 2,164 and a 1-year high of GBX 5,360. The firm has a market capitalization of £10.66 billion, a PE ratio of 12.69 and a beta of 1.12.

About Endeavour Mining

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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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