Endeavour Silver Corp (TSE:EDR) had its target price upped by investment analysts at CIBC from C$5.50 to C$6.00 in a report released on Tuesday. The firm presently has an “underperform” rating on the stock. CIBC’s target price indicates a potential downside of 8.81% from the company’s current price.

EDR has been the topic of several other research reports. Raymond James Financial Inc. lifted their target price on shares of Endeavour Silver Corp from C$5.50 to C$6.75 in a research report on Friday, September 23rd. Royal Bank Of Canada reissued a “sector perform” rating and issued a C$7.75 price target on shares of Endeavour Silver Corp in a research note on Thursday, September 8th. National Bank Financial reissued a “sector perform spec overwgt” rating on shares of Endeavour Silver Corp in a research note on Wednesday, September 7th. Finally, TD Securities raised their price target on shares of Endeavour Silver Corp from C$5.50 to C$6.50 and gave the stock a “hold” rating in a research note on Thursday, August 4th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of C$6.18.

Analyst Recommendations for Endeavour Silver Corp (TSE:EDR)

Shares of Endeavour Silver Corp (TSE:EDR) traded down 10.03% during trading on Tuesday, reaching $5.92. 422,546 shares of the company’s stock were exchanged. The company has a 50 day moving average of $6.69 and a 200 day moving average of $5.34. Endeavour Silver Corp has a 12-month low of $1.46 and a 12-month high of $7.75. The stock’s market cap is $743.81 million.

About Endeavour Silver Corp

Endeavour Silver Corp. is a mineral company engaged in the evaluation, acquisition, exploration, development and exploitation of metal properties in Mexico and Chile. The Company’s operating mining segments include Guanacevi, Bolanitos and El Cubo, which are located in Mexico, as well as Exploration and Corporate segments.

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