Endeavour Mining plc given average recommendation of “Moderate Buy” by Brokerages
Endeavour Mining plc (TSE:EDV – Get Rating) has been given a consensus rating of “Moderate Buy” by the twelve analysts that are currently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation and nine have assigned a buy recommendation to the company. The average 12-month price target among analysts that have covered the stock in the last year is C$788.70.
Several research firms recently issued reports on EDV. Raymond James set a C$43.00 target price on Endeavour Mining and gave the company an “outperform” rating in a research report on Friday, May 6th. Berenberg Bank reissued a “buy” rating and issued a C$3,000.00 target price on shares of Endeavour Mining in a research report on Thursday, July 7th.
Target price
National Bankshares upped their target price on Endeavour Mining from C$45.25 to C$46.00 and gave the company an “outperform” rating in a research report on Monday, May 9th. Finally, Barclays reaffirmed a “buy” rating on shares of Endeavour Mining in a research report.
Endeavour Mining plc, together with its subsidiaries, operates as a gold mining company in West Africa. Its project portfolio includes 90% owned Houndé, Mana, Boungou, and Wahgnion mines in Burkina Faso; 85% owned Ity mine located in Côte d’Ivoire; 90% owned Sabodala-Massawa mine situated in Senegal; and Fetekro, Kalana, Bantou, Nabanga, and Afema development projects.
