Kenmare Resources (LON:KMR) Price Target Lowered to GBX 230 at Berenberg Bank

Kenmare Resources (LON:KMR) had its target price trimmed by Berenberg Bank from GBX 250 to GBX 230 in a report released on Thursday morning, Marketbeat.com reports. The brokerage currently has a hold rating on the stock.

Kenmare Resources Stock Up 2.9%

Shares of KMR opened at GBX 200 on Thursday. The business’s fifty day moving average price is GBX 249.75 and its two-hundred day moving average price is GBX 263.95. The firm has a market capitalization of £176.87 million, a price-to-earnings ratio of -3.45, a PEG ratio of 0.03 and a beta of 0.49. Kenmare Resources has a 52 week low of GBX 191.80 and a 52 week high of GBX 430.50. The company has a debt-to-equity ratio of 25.24, a quick ratio of 1.22 and a current ratio of 3.24.

Kenmare Resources Company Profile