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Investment analysts at SunTrust cut their target price on shares of Endeavour International Corp. (NYSE:END) from $2.50 to $1.50 in a note issued to investors on Wednesday. SunTrust’s price objective indicates a potential upside of 29.31% from the stock’s previous close.

A number of other firms have also recently commented on END. Analysts at FBR Capital Markets downgraded shares of Endeavour International Corp. from an “outperform” rating to a “market perform” rating in a research note on Thursday, July 3rd. They now have a $2.00 price target on the stock, down previously from $6.95. Separately, analysts at Canaccord Genuity reiterated a “hold” rating on shares of Endeavour International Corp. in a research note on Wednesday, June 11th. They now have a $2.00 price target on the stock, down previously from $3.00. Finally, analysts at Canaccord Genuity cut their price target on shares of Endeavour International Corp. from $3.50 to $3.00 in a research note on Friday, May 9th.

Shares of Endeavour International Corp. (NYSE:END) traded down 4.92% during mid-day trading on Wednesday, hitting $1.16. The stock had a trading volume of 1,034,999 shares. Endeavour International Corp. has a 52 week low of $1.02 and a 52 week high of $7.50. The stock’s 50-day moving average is $1.36 and its 200-day moving average is $3.14. The company’s market cap is $57.4 million. Endeavour International Corp. also was the target of a large decrease in short interest in July. As of July 15th, there was short interest totalling 13,619,695 shares, a decrease of 20.4% from the June 30th total of 17,108,771 shares. Currently, 33.8% of the company’s stock are short sold. Based on an average daily volume of 1,459,876 shares, the days-to-cover ratio is presently 9.3 days.

Endeavour International Corp. (NYSE:END) last announced its earnings results on Tuesday, August 5th. The company reported ($0.72) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.33) by $0.39. The company had revenue of $44.86 million for the quarter, compared to the consensus estimate of $86.23 million. During the same quarter in the previous year, the company posted ($0.30) earnings per share. The company’s revenue for the quarter was down 64.4% on a year-over-year basis. On average, analysts predict that Endeavour International Corp. will post $-1.99 earnings per share for the current fiscal year.

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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