National Bank Financial Boosts Endeavour Mining (TSE:EDV) Price Target to C$113.00

Key Points

• National Bank Financial raised its target on Endeavour Mining from C$93.00 to C$113.00 and kept an "outperform" rating, implying a potential upside of about 23.77% from the current share price.
• Jefferies also increased its target to C$92.00, and the stock carries an average analyst rating of Buy with a consensus target of C$96.67.
• Shares traded up ~3.6% to C$91.30 midday; the company has a market cap of C$22.2 billion, a P/E of 33.32, and recently reported quarterly EPS of C$1.28 on C$1.69 billion in revenue.

Endeavour Mining (TSE:EDV - Get Free Report) had its target price upped by stock analysts at National Bank Financial from C$93.00 to C$113.00 in a research note issued to investors on Friday,BayStreet.CA reports. The brokerage currently has an "outperform" rating on the stock. National Bank Financial's price objective would indicate a potential upside of 23.77% from the company's current price.

Separately, Jefferies Financial Group increased their target price on Endeavour Mining from C$81.00 to C$92.00 in a report on Monday, January 19th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, Endeavour Mining presently has an average rating of "Buy" and a consensus target price of C$96.67.

Endeavour Mining Trading Up 3.6%

TSE:EDV traded up C$3.14 during mid-day trading on Friday, hitting C$91.30. 453,038 shares of the company's stock traded hands, compared to its average volume of 704,583. The firm has a 50 day moving average of C$84.52 and a two-hundred day moving average of C$72.51. Endeavour Mining has a 12 month low of C$36.91 and a 12 month high of C$98.71. The firm has a market capitalization of C$22.20 billion, a price-to-earnings ratio of 33.32 and a beta of 1.54.

Endeavour Mining (TSE:EDV - Get Free Report) last announced its earnings results on Thursday, March 5th. The company reported C$1.28 earnings per share for the quarter. Endeavour Mining had a return on equity of 22.85% and a net margin of 15.99%.The firm had revenue of C$1.69 billion during the quarter. As a group, equities research analysts expect that Endeavour Mining will post 4.4476987 earnings per share for the current year.

Endeavour Mining Company Profile

Endeavour Mining PLC is a gold producer in West Africa, with operating assets across Senegal, Cote d'Ivoire and Burkina Faso. It holds a portfolio of advanced development projects and exploration assets in the highly prospective Birimian Greenstone Belt across West Africa.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.