Kenmare Resources plc Rating Reiterated by Westhouse Securities (KMR)
Kenmare Resources plc (LON:KMR)‘s stock had its “buy” rating restated by analysts at Westhouse Securities in a research report issued to clients and investors on Friday. They currently have a GBX 20 ($0.34) price objective on the stock. Westhouse Securities’ price objective points to a potential upside of 35.59% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Goodbody Stockbrokers Ltd reiterated a “hold” rating on shares of Kenmare Resources plc in a research note on Wednesday, July 16th. Separately, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Kenmare Resources plc in a research note on Wednesday, July 9th. Finally, 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 ($0.44) 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 issued a strong buy rating to the company’s stock. Kenmare Resources plc currently has an average rating of “Buy” and a consensus target price of GBX 28.63 ($0.49).
Kenmare Resources plc (LON:KMR) traded up 1.72% on Friday, hitting GBX 14.75. The stock had a trading volume of 2,079,269 shares. Kenmare Resources plc has a one year low of GBX 8.848 and a one year high of GBX 31.90. The stock has a 50-day moving average of GBX 13.81 and a 200-day moving average of GBX 14.16. The company’s market cap is £410.3 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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