Endeavour Mining (LON:EDV) Lowered to Outperform Rating by JPMorgan Chase & Co.

Endeavour Mining (LON:EDV) was downgraded by research analysts at JPMorgan Chase & Co. to an “outperform” rating in a report released on Tuesday,London Stock Exchange reports. They presently have a GBX 5,900 target price on the stock, down from their previous target price of GBX 6,300. JPMorgan Chase & Co.‘s target price points to a potential upside of 28.72% from the stock’s previous close.

Separately, Berenberg Bank cut their price objective on Endeavour Mining from GBX 5,500 to GBX 5,000 and set a “buy” rating for the company in a research report on Thursday, March 5th. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has an average rating of “Buy” and an average target price of GBX 4,633.33.

Endeavour Mining Stock Down 0.5%

Shares of Endeavour Mining stock traded down GBX 22.50 during trading on Tuesday, hitting GBX 4,583.50. 767,295 shares of the company were exchanged, compared to its average volume of 5,318,726. Endeavour Mining has a fifty-two week low of GBX 1,688 and a fifty-two week high of GBX 5,360. The stock has a market capitalization of £11.08 billion, a price-to-earnings ratio of 16.73 and a beta of 1.07. The firm has a 50 day moving average price of GBX 4,526.97 and a 200 day moving average price of GBX 3,853.41.

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.