BMO Capital Markets Trims Endeavour Silver (EDR) Target Price to C$3.20

Endeavour Silver (TSE:EDR) (NYSE:EXK) had its price target dropped by equities researchers at BMO Capital Markets from C$3.50 to C$3.20 in a research note issued to investors on Thursday. BMO Capital Markets’ price objective would suggest a potential upside of 18.08% from the stock’s previous close.

A number of other equities research analysts have also recently weighed in on the stock. National Bank Financial lifted their price target on shares of Endeavour Silver from C$3.50 to C$3.85 in a research report on Friday, January 26th. CIBC dropped their price target on shares of Endeavour Silver from C$3.75 to C$3.15 in a research report on Thursday, December 14th. Finally, HC Wainwright reiterated a “buy” rating on shares of Endeavour Silver in a research report on Wednesday, October 11th. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. Endeavour Silver presently has a consensus rating of “Hold” and a consensus price target of C$3.91.

Shares of Endeavour Silver (TSE:EDR) traded down C$0.03 on Thursday, hitting C$2.71. 365,748 shares of the company’s stock were exchanged, compared to its average volume of 312,140. Endeavour Silver has a 1-year low of C$2.50 and a 1-year high of C$6.38. The firm has a market capitalization of $354.30, a PE ratio of 136.50 and a beta of -0.43.

In related news, Director Rex John Mclennan sold 10,000 shares of Endeavour Silver stock in a transaction that occurred on Friday, December 15th. The shares were sold at an average price of C$3.04, for a total value of C$30,400.00.

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Endeavour Silver Company Profile

Endeavour Silver Corp. is engaged in silver mining in Mexico, and related activities, including property acquisition, exploration, development, mineral extraction, processing, refining and reclamation. The Company is engaged in exploration activities in 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.

Analyst Recommendations for Endeavour Silver (TSE:EDR)

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