Kenmare Resources plc Rating Reiterated by Westhouse Securities (KMR)
Kenmare Resources plc (LON:KMR)‘s stock had its “buy” rating reaffirmed by analysts at Westhouse Securities in a research report issued to clients and investors on Thursday. They currently have a GBX 20 ($0.34) price target on the stock. Westhouse Securities’ target price points to a potential upside of 70.94% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at RBC Capital reiterated an “outperform” rating on shares of Kenmare Resources plc in a research note on Tuesday. They now have a GBX 30 ($0.51) price target on the stock. Finally, analysts at Goodbody Stockbrokers Ltd reiterated a “hold” rating on shares of Kenmare Resources plc in a research note on Wednesday, May 28th. They now have a GBX 14 ($0.24) price target on the stock. Four research analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock. Kenmare Resources plc has an average rating of “Buy” and a consensus price target of GBX 27 ($0.46).
Kenmare Resources plc (LON:KMR) traded up 25.00% on Thursday, hitting GBX 15.00. 70,120,432 shares of the company’s stock traded hands. Kenmare Resources plc has a 52-week low of GBX 8.847 and a 52-week high of GBX 31.90. The stock’s 50-day moving average is GBX 10.85 and its 200-day moving average is GBX 14.92. The company’s market cap is £417.3 million.
Kenmare Resources plc (LON:KMR), along with its subsidiaries, is engaged in the operation of the Moma Titanium Minerals Mine (Moma) in Mozambique.
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