Kenmare Resources plc Given Consensus Recommendation of “Buy” by Analysts (LON:KMR)
Kenmare Resources plc (LON:KMR) has received an average rating of “Buy” from the twelve brokerages that are covering the stock, AnalystRatings.NET reports. Five 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. The average 12-month price target among analysts that have issued a report on the stock in the last year is GBX 27 ($0.45).
Kenmare Resources plc (LON:KMR) opened at 11.00 on Thursday. Kenmare Resources plc has a 52-week low of GBX 8.847 and a 52-week high of GBX 29.48. The stock’s 50-day moving average is GBX 13.81 and its 200-day moving average is GBX 13.49. The company’s market cap is £306.0 million.
A number of analysts have recently weighed in on KMR shares. Analysts at VSA Capital reiterated a “hold” rating on shares of Kenmare Resources plc in a research note on Wednesday, August 27th. Separately, analysts at Westhouse Securities reiterated a “buy” rating on shares of Kenmare Resources plc in a research note on Wednesday, August 27th. They now have a GBX 20 ($0.33) 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 Friday, August 22nd. They now have a GBX 14 ($0.23) price target on the stock.
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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