CIBC Lowers Endeavour Silver Corp (EDR) Price Target to C$5.00
Endeavour Silver Corp (TSE:EDR) had its target price lowered by CIBC from C$6.00 to C$5.00 in a research report issued to clients and investors on Wednesday, StockTargetPrices.com reports. CIBC’s target price would suggest a potential downside of 6.54% from the stock’s current price.
EDR has been the subject of a number of other research reports. TD Securities increased their target price on shares of Endeavour Silver Corp from C$5.50 to C$6.50 and gave the stock a “hold” rating in a research report on Thursday, August 4th. National Bank Financial set a C$7.75 target price on shares of Endeavour Silver Corp and gave the stock a “sector perform” rating in a research report on Thursday, September 8th. Raymond James Financial Inc. increased their target price on shares of Endeavour Silver Corp from C$5.50 to C$6.75 in a research report on Friday, September 23rd. Finally, Royal Bank Of Canada reiterated a “sector perform” rating and issued a C$7.75 target price on shares of Endeavour Silver Corp in a research report on Thursday, September 8th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the company. Endeavour Silver Corp currently has a consensus rating of “Hold” and an average target price of C$6.04.
Shares of Endeavour Silver Corp (TSE:EDR) traded up 2.06% on Wednesday, hitting $5.46. The company had a trading volume of 48,971 shares. The stock’s market cap is $686.01 million. The company has a 50-day moving average of $6.44 and a 200 day moving average of $5.43. Endeavour Silver Corp has a 12 month low of $1.46 and a 12 month high of $7.75.
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Endeavour Silver Corp Company Profile
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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