Kenmare Resources plc Receives Buy Rating from 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 Tuesday. They currently have a GBX 20 ($0.34) target price on the stock. Westhouse Securities’ target price points to a potential upside of 23.08% 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, June 24th. 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 investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of GBX 27 ($0.46).
Kenmare Resources plc (LON:KMR) opened at 15.85 on Tuesday. Kenmare Resources plc has a one year low of GBX 8.847 and a one year high of GBX 31.90. The stock has a 50-day moving average of GBX 11.47 and a 200-day moving average of GBX 14.72. The company’s market cap is £440.9 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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