Kenmare Resources (LON:KMR) Price Target Cut to GBX 280 by Analysts at Berenberg Bank

Kenmare Resources (LON:KMR) had its price objective lowered by Berenberg Bank from GBX 290 to GBX 280 in a research note released on Wednesday, Marketbeat Ratings reports. The firm currently has a hold rating on the stock.

Separately, Peel Hunt restated a “buy” rating and set a GBX 485 target price on shares of Kenmare Resources in a research report on Tuesday, November 18th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, Kenmare Resources presently has an average rating of “Moderate Buy” and an average target price of GBX 382.50.

Kenmare Resources Trading Up 1.6%

KMR stock opened at GBX 258 on Wednesday. The company has a fifty day moving average price of GBX 252.75 and a two-hundred day moving average price of GBX 287.76. The company has a debt-to-equity ratio of 0.12, a current ratio of 5.63 and a quick ratio of 1.22. The stock has a market cap of £228.16 million, a price-to-earnings ratio of -4.45, a price-to-earnings-growth ratio of 0.03 and a beta of 0.58. Kenmare Resources has a one year low of GBX 220.50 and a one year high of GBX 450.

Kenmare Resources Company Profile