JPMorgan Chase & Co. Lowers Endeavour Mining (LON:EDV) Price Target to GBX 5,700

Endeavour Mining (LON:EDV) had its price objective lowered by stock analysts at JPMorgan Chase & Co. from GBX 5,900 to GBX 5,700 in a report released on Friday,London Stock Exchange reports. The firm presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price target indicates a potential upside of 18.16% from the company’s previous close.

A number of other equities research analysts have also recently commented on EDV. Royal Bank Of Canada restated an “outperform” rating and set a GBX 6,000 target price on shares of Endeavour Mining in a research note on Monday, April 27th. Berenberg Bank restated a “buy” rating and set a GBX 5,200 target price on shares of Endeavour Mining in a research note on Thursday, April 30th. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of GBX 5,633.33.

Endeavour Mining Trading Down 1.8%

LON EDV opened at GBX 4,824 on Friday. Endeavour Mining has a 12 month low of GBX 2,025.18 and a 12 month high of GBX 5,360. The stock has a market cap of £11.64 billion, a price-to-earnings ratio of 13.86 and a beta of 1.12. The company’s 50 day moving average is GBX 4,596.15 and its two-hundred day moving average is GBX 4,073.36.

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.