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

Endeavour Mining (LON:EDV)‘s stock had its “buy” rating restated by research analysts at Berenberg Bank in a research note issued to investors on Thursday,Digital Look reports. They presently have a GBX 5,000 price target on the stock. Berenberg Bank’s target price suggests a potential upside of 41.48% from the company’s previous close.

EDV has been the topic of several other research reports. Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 6,000 price target on shares of Endeavour Mining in a research note on Tuesday, June 2nd. JPMorgan Chase & Co. reduced their target price on Endeavour Mining from GBX 5,700 to GBX 5,100 and set an “overweight” rating on the stock in a report on Thursday, July 16th. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of GBX 5,366.67.

Endeavour Mining Stock Performance

Shares of LON:EDV opened at GBX 3,534 on Thursday. The firm has a market cap of £8.52 billion, a price-to-earnings ratio of 10.16 and a beta of 1.14. The firm has a fifty day moving average price of GBX 3,903.66 and a 200 day moving average price of GBX 4,309.63. Endeavour Mining has a fifty-two week low of GBX 2,238 and a fifty-two week 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.