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

Endeavour Mining (LON:EDV) had its price objective decreased by JPMorgan Chase & Co. from GBX 5,700 to GBX 5,100 in a research report issued on Thursday,Digital Look reports. The brokerage presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price target suggests a potential upside of 44.03% from the stock’s previous close.

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

Endeavour Mining Stock Up 0.8%

LON EDV opened at GBX 3,541 on Thursday. Endeavour Mining has a 52 week low of GBX 2,164 and a 52 week high of GBX 5,360. The firm has a 50 day moving average of GBX 4,138.94 and a two-hundred day moving average of GBX 4,333.91. The stock has a market capitalization of £8.54 billion, a PE ratio of 10.18 and a beta of 1.14.

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.