Kenmare Resources (LON:KMR – Get Free Report) had its target price reduced by investment analysts at Berenberg Bank from GBX 180 to GBX 160 in a report released on Thursday, Digital Look reports. The firm currently has a “hold” rating on the stock. Berenberg Bank’s price target would indicate a potential downside of 30.43% from the stock’s current price.
Kenmare Resources Price Performance
Shares of KMR opened at GBX 230 on Thursday. The company has a current ratio of 3.07, a quick ratio of 1.22 and a debt-to-equity ratio of 26.20. The stock’s 50 day moving average is GBX 196.39 and its two-hundred day moving average is GBX 204.90. Kenmare Resources has a twelve month low of GBX 171.40 and a twelve month high of GBX 294.50. The firm has a market capitalization of £203.89 million, a PE ratio of -0.78, a P/E/G ratio of 0.03 and a beta of 0.67.
About Kenmare Resources
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