Endeavour Mining's (EDV) Outperform Rating Reiterated at Royal Bank Of Canada

Key Points

• Royal Bank of Canada reiterated an Outperform rating on Endeavour Mining with a price target of GBX 6,000, implying about a 33.8% upside from the prior close.
• Consensus among analysts is positive, with an average rating of Buy and an average price target of GBX 5,633.33, although several brokers have recently trimmed their targets.
• Endeavour is trading around GBX 4,483.31 with a market cap of £10.84 billion, a P/E of 16.36, and a 12‑month range of GBX 1,979–5,360.

Endeavour Mining (LON:EDV - Get Free Report)'s stock had its "outperform" rating restated by research analysts at Royal Bank Of Canada in a research report issued to clients and investors on Monday,Digital Look reports. They currently have a GBX 6,000 price objective on the stock. Royal Bank Of Canada's price target would suggest a potential upside of 33.83% from the company's previous close.

Several other equities analysts have also weighed in on EDV. JPMorgan Chase & Co. lowered shares of Endeavour Mining to an "outperform" rating and reduced their target price for the company from GBX 6,300 to GBX 5,900 in a report on Tuesday, April 7th. Berenberg Bank reduced their target price on shares of Endeavour Mining from GBX 5,500 to GBX 5,000 and set a "buy" rating on the stock in a report on Thursday, March 5th. Three equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has an average rating of "Buy" and an average price target of GBX 5,633.33.

Endeavour Mining Trading Down 1.4%

LON:EDV opened at GBX 4,483.31 on Monday. The firm has a market capitalization of £10.84 billion, a price-to-earnings ratio of 16.36 and a beta of 1.15. The firm's fifty day simple moving average is GBX 4,642.38 and its 200 day simple moving average is GBX 4,021.16. Endeavour Mining has a twelve month low of GBX 1,979 and a twelve month high of GBX 5,360.

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.

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