Kenmare Resources plc’s Buy Rating Reaffirmed at Westhouse Securities (KMR)
Kenmare Resources plc (LON:KMR)‘s stock had its “buy” rating reiterated by equities researchers at Westhouse Securities in a research report issued on Wednesday. They currently have a GBX 20 ($0.33) price target on the stock. Westhouse Securities’ target price would indicate a potential upside of 60.00% from the company’s current price.
A number of other analysts have also recently weighed in on KMR. Analysts at Goodbody Stockbrokers Ltd reiterated a “hold” rating on shares of Kenmare Resources plc in a research note on Friday, August 22nd. They now have a GBX 14 ($0.23) price target on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Kenmare Resources plc in a research note on Wednesday, July 9th. Five equities 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 company. The stock presently has a consensus rating of “Buy” and a consensus price target of GBX 27 ($0.45).
Shares of Kenmare Resources plc (LON:KMR) traded down 4.00% on Wednesday, hitting GBX 12.00. The stock had a trading volume of 3,592,561 shares. Kenmare Resources plc has a 52 week low of GBX 8.847 and a 52 week high of GBX 29.67. The stock’s 50-day moving average is GBX 14.04 and its 200-day moving average is GBX 13.53. The company’s market cap is £333.8 million.
Kenmare Resources plc (LON:KMR), along with its subsidiaries, is engaged in the operation of the Moma Titanium Minerals Mine (Moma) in Mozambique.
Receive News & Ratings for Kenmare Resources plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kenmare Resources plc and related companies with Analyst Ratings Network's FREE daily email newsletter.