CIBC Cuts Endeavour Silver Corp (EDR) Price Target to C$5.00
Endeavour Silver Corp (TSE:EDR) had its price objective decreased by CIBC from C$6.00 to C$5.00 in a report released on Wednesday, StockTargetPrices.com reports. CIBC’s price target would suggest a potential downside of 6.54% from the company’s previous close.
A number of other brokerages also recently commented on EDR. National Bank Financial reaffirmed a “sector perform spec overwgt” rating on shares of Endeavour Silver Corp in a research report on Wednesday, September 7th. Raymond James Financial Inc. increased their price target on Endeavour Silver Corp from C$3.25 to C$4.25 and gave the company a “market perform” rating in a research report on Monday, June 27th. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a C$7.75 price target on shares of Endeavour Silver Corp in a research report on Thursday, September 8th. Finally, TD Securities increased their price target on Endeavour Silver Corp from C$5.50 to C$6.50 and gave the company a “hold” rating in a research report on Thursday, August 4th. One research analyst has rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of C$6.04.
Endeavour Silver Corp (TSE:EDR) opened at 5.35 on Wednesday. The firm’s 50-day moving average price is $6.44 and its 200-day moving average price is $5.43. Endeavour Silver Corp has a one year low of $1.46 and a one year high of $7.75. The company’s market cap is $672.19 million.
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About Endeavour Silver Corp
Endeavour Silver Corp. is a mineral company engaged in the evaluation, acquisition, exploration, development and exploitation of metal properties in Mexico and Chile. The Company’s operating mining segments include Guanacevi, Bolanitos and El Cubo, which are located in Mexico, as well as Exploration and Corporate segments.
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