Endeavour Silver Corp (EDR) Price Target Cut to C$3.50
Endeavour Silver Corp (TSE:EDR) (NYSE:EXK) had its price objective lowered by National Bank Financial from C$4.00 to C$3.50 in a research report report published on Friday morning. National Bank Financial currently has a sector perform rating on the stock. National Bank Financial also issued estimates for Endeavour Silver Corp’s FY2017 earnings at $0.01 EPS.
Several other research analysts have also weighed in on EDR. TD Securities cut their target price on Endeavour Silver Corp from C$4.50 to C$4.25 and set a hold rating on the stock in a research report on Friday, August 4th. Canaccord Genuity reaffirmed a hold rating and issued a C$3.00 target price on shares of Endeavour Silver Corp in a research report on Thursday, September 7th. BMO Capital Markets reaffirmed a market perform rating and issued a C$3.50 target price on shares of Endeavour Silver Corp in a research report on Wednesday, October 11th. HC Wainwright reaffirmed a buy rating on shares of Endeavour Silver Corp in a research report on Wednesday, October 11th. Finally, CIBC cut their price objective on Endeavour Silver Corp from C$4.50 to C$3.75 in a research report on Friday. Four analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The company currently has a consensus rating of Hold and a consensus target price of C$4.00.
Endeavour Silver Corp (TSE EDR) opened at C$2.80 on Friday.
About Endeavour Silver Corp
Endeavour Silver Corp. is engaged in silver mining in Mexico, and related activities, including property acquisition, exploration, development, mineral extraction, processing, refining and reclamation. The Company is engaged in exploration activities in 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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