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Endeavour Mining plc Receives Average Rating of “Moderate Buy” from Brokerages

Shares of Endeavour Mining plc (OTCMKTS:EDVMF – Get Rating) have been given an average rating of “Moderate Buy” by the nine ratings firms that are presently covering the company, MarketBeat Ratings reports.

Two research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $510.58.

Equities analysts

Several equities analysts have recently issued reports on the stock. National Bank Financial lifted their price objective on shares of Endeavour Mining from C$45.25 to C$46.00 in a research note on Monday, May 9th. They issued an “outperform” rating on the stock.

Liberum Capital upgraded Endeavour Mining from a “sell” rating to a “hold” rating in a research report on Tuesday, March 29th. Scotiabank lifted their target price on Endeavour Mining from C$41.00 to C$42.50 in a report on Tuesday, April 19th. Finally, Barclays boosted their target price on Endeavour Mining from GBX 2,450 ($29.14) to GBX 2,850 ($33.90) in a research report on Monday, April 4th.

Endeavour Mining is a multi-national mining company that owns and operates the gold mines in Côte d’Ivoire, Burkina Faso and Mali. As a leading global gold producer and member of the World Gold Council, Endeavour is committed to the principles of responsible mining and delivering sustainable value to our employees, stakeholders and the communities where they operate.

 

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