Endeavour Silver Given New C$5.50 Price Target at CIBC (EDR)
Analysts at CIBC upped their target price on shares of Endeavour Silver (TSE:EDR) from C$5.10 to C$5.50 in a research report issued to clients and investors on Tuesday, Analyst Ratings Network reports. The firm currently has a “sector perform” rating on the stock. CIBC’s target price would indicate a potential upside of 23.60% from the company’s current price.
Endeavour Silver (TSE:EDR) traded down 0.45% on Tuesday, hitting $4.43. 102,001 shares of the company’s stock traded hands. Endeavour Silver has a one year low of $3.03 and a one year high of $10.46. The stock has a 50-day moving average of $4.82 and a 200-day moving average of $4.76. The company has a market cap of $441.9 million and a price-to-earnings ratio of 14.83.
Several other analysts have also recently commented on the stock. Analysts at BMO Capital Markets upgraded shares of Endeavour Silver (TSE:EDR) from an “underperform” rating to a “market perform” rating in a research note to investors on Thursday, September 5th. They now have a C$5.75 price target on the stock, up previously from C$3.00. Separately, analysts at SunTrust cut their price target on shares of Endeavour Silver (TSE:EDR) from C$6.50 to C$5.50 in a research note to investors on Tuesday, September 3rd. They now have a “neutral” rating on the stock. Finally, analysts at TD Securities cut their price target on shares of Endeavour Silver (TSE:EDR) from C$4.50 to C$4.25 in a research note to investors on Friday, August 9th. They now have a “hold” rating on the stock.
Five analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of C$5.97.
Endeavour Silver Corp. (TSE:EDR) is engaged in the evaluation, acquisition, exploration, development and exploitation of silver mining properties in Mexico and in exploration in Chile.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.