Berenberg Bank Lowers Endeavour Mining (LON:EDV) Price Target to GBX 5,000

Endeavour Mining (LON:EDV) had its target price lowered by research analysts at Berenberg Bank from GBX 5,500 to GBX 5,000 in a research note issued on Thursday, Marketbeat.com reports. The brokerage presently has a “buy” rating on the stock. Berenberg Bank’s target price would suggest a potential upside of 8.13% from the company’s current price.

Endeavour Mining Stock Performance

LON:EDV opened at GBX 4,624 on Thursday. The company has a fifty day moving average of GBX 4,383.19 and a two-hundred day moving average of GBX 3,587.59. The stock has a market capitalization of £11.13 billion, a PE ratio of 23.35 and a beta of 1.06. Endeavour Mining has a fifty-two week low of GBX 1,578.50 and a fifty-two week high of GBX 5,360.

Endeavour Mining Company Profile

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.