Kenmare Resources plc Stock Rating Reaffirmed by Goodbody Stockbrokers Ltd (KMR)
Kenmare Resources plc (LON:KMR) traded up 0.16% on Wednesday, hitting GBX 15.275. 1,654,770 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 12.12 and its 200-day moving average is GBX 14.53. The company’s market cap is £424.9 million.
Other equities research analysts have also recently issued reports about the stock. Analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Kenmare Resources plc in a research note on Wednesday, July 9th. Separately, analysts at Panmure Gordon reiterated a “buy” rating on shares of Kenmare Resources plc in a research note on Tuesday, July 8th. They now have a GBX 26 ($0.45) price target on the stock. Finally, analysts at Westhouse Securities reiterated a “buy” rating on shares of Kenmare Resources plc in a research note on Tuesday, July 8th. They now have a GBX 20 ($0.34) price target on the stock. Four investment analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company’s stock. Kenmare Resources plc presently has an average rating of “Buy” and a consensus target price of GBX 28.63 ($0.49).
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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