Endeavour International Corp. Stock Rating Upgraded by Zacks (END)
Endeavour International Corp. (NYSE:END) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a report released on Thursday, Stock Ratings Network reports. The firm currently has a $6.00 target price on the stock. Zacks‘ price target would suggest a potential upside of 2.92% from the company’s current price.
Endeavour International Corp. (NYSE:END) traded up 1.20% during mid-day trading on Thursday, hitting $5.90. The stock had a trading volume of 303,541 shares. Endeavour International Corp. has a 1-year low of $2.36 and a 1-year high of $7.47. The stock has a 50-day moving average of $4.88 and a 200-day moving average of $5.07. The company’s market cap is $272.7 million.
Endeavour International Corp. (NYSE:END) last released its earnings data on Wednesday, November 6th. The company reported ($0.86) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.27) by $0.59. The company had revenue of $36.90 million for the quarter, compared to the consensus estimate of $70.32 million. During the same quarter in the previous year, the company posted ($0.73) earnings per share. The company’s revenue for the quarter was down 55.7% on a year-over-year basis. On average, analysts predict that Endeavour International Corp. will post $-1.64 earnings per share for the current fiscal year.
Separately, analysts at Canaccord Genuity cut their price target on shares of Endeavour International Corp. from $6.50 to $5.00 in a research note to investors on Wednesday, November 13th. They now have a “hold” rating on the stock. One investment analyst has rated the stock with a sell rating and five have issued a hold rating to the stock. Endeavour International Corp. currently has an average rating of “Hold” and an average price target of $6.29.
Endeavour International Corporation (NYSE:END) is an independent oil and gas company engaged in the production, exploration, development and acquisition of crude oil and natural gas in the United Kingdom North Sea and the United States onshore.
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