Enduro Royalty Trust Price Target Cut to $14.00 (NDRO)
Equities research analysts at RBC Capital dropped their price target on shares of Enduro Royalty Trust (NASDAQ:NDRO) from $15.00 to $14.00 in a research note issued to investors on Thursday, AnalystRatings.NET reports. The firm currently has a “sector perform” rating on the stock. RBC Capital’s target price would indicate a potential upside of 14.57% from the stock’s previous close.
Separately, analysts at Robert W. Baird upgraded shares of Enduro Royalty Trust from an “underperform” rating to a “neutral” rating in a research note to investors on Monday, September 30th. Three research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. Enduro Royalty Trust currently has an average rating of “Hold” and a consensus target price of $17.63.
Enduro Royalty Trust (NASDAQ:NDRO) traded down 1.61% on Thursday, hitting $12.22. 262,276 shares of the company’s stock traded hands. Enduro Royalty Trust has a one year low of $12.05 and a one year high of $19.51. The stock has a 50-day moving average of $14.55 and a 200-day moving average of $15.53. The company has a market cap of $403.3 million and a price-to-earnings ratio of 8.33.
The company also recently announced a monthly dividend, which is scheduled for Tuesday, October 15th. Shareholders of record on Monday, September 30th will be paid a dividend of $0.13 per share. This represents a $1.53 annualized dividend and a dividend yield of 12.50%. The ex-dividend date is Thursday, September 26th.
Enduro Royalty Trust (NASDAQ:NDRO) is a statutory trust.
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