Endeavour Mining’s (EDV) Buy Rating Reiterated at Berenberg Bank

Endeavour Mining (LON:EDV)‘s stock had its “buy” rating reiterated by Berenberg Bank in a research report issued to clients and investors on Thursday, Digital Look reports. They presently have a GBX 4,800 price target on the stock. Berenberg Bank‘s price objective suggests a potential upside of 24.32% from the stock’s current price.

A number of other analysts also recently issued reports on EDV. Royal Bank Of Canada downgraded shares of Endeavour Mining to a “sector perform” rating and decreased their price objective for the stock from GBX 5,100 to GBX 4,600 in a report on Friday, August 7th. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 5,700 target price on shares of Endeavour Mining in a research note on Tuesday, November 3rd. Finally, JPMorgan Chase & Co. dropped their target price on shares of Endeavour Mining from GBX 5,700 to GBX 5,100 and set an “overweight” rating on the stock in a research note on Thursday, July 16th. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of GBX 5,050.

Endeavour Mining Trading Down 6.4%

EDV stock opened at GBX 3,861 on Thursday. The stock has a market cap of £9.31 billion, a P/E ratio of 11.36 and a beta of 1.14. The stock’s fifty day simple moving average is GBX 4,247.43 and its two-hundred day simple moving average is GBX 4,294.88. Endeavour Mining has a 1-year low of GBX 3,028.41 and a 1-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.