JPMorgan Chase & Co. Cuts Endeavour Mining (LON:EDV) Price Target to GBX 5,100

Endeavour Mining (LON:EDV) had its price target lowered by JPMorgan Chase & Co. from GBX 5,700 to GBX 5,100 in a research note issued to investors on Thursday,Digital Look reports. The firm currently has an overweight rating on the stock.

Several other equities analysts have also commented on EDV. Royal Bank Of Canada reaffirmed an “outperform” rating and set a GBX 6,000 price target on shares of Endeavour Mining in a research report on Tuesday, June 2nd. Berenberg Bank upped their price target on Endeavour Mining from GBX 5,100 to GBX 6,000 and gave the stock an “outperform” rating in a report on Thursday, June 4th. Three research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of GBX 5,700.

Endeavour Mining Stock Performance

Shares of EDV opened at GBX 3,428 on Thursday. The stock has a 50-day simple moving average of GBX 4,081.58 and a 200-day simple moving average of GBX 4,323.70. The stock has a market capitalization of £8.26 billion, a PE ratio of 9.85 and a beta of 1.14. Endeavour Mining has a 1 year low of GBX 2,182 and a 1 year 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.