Endeavour Mining (TSE:EDV) Given New C$57.00 Price Target at National Bankshares

Endeavour Mining (TSE:EDV) had its price objective hoisted by analysts at National Bankshares from C$51.00 to C$57.00 in a report issued on Tuesday,BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. National Bankshares’ target price points to a potential upside of 34.43% from the stock’s current price.

Several other equities research analysts have also recently issued reports on the stock. Royal Bank Of Canada raised shares of Endeavour Mining from a “hold” rating to a “moderate buy” rating in a research report on Wednesday, June 4th. Cibc World Mkts cut shares of Endeavour Mining from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 27th. Jefferies Financial Group boosted their price target on shares of Endeavour Mining from C$45.00 to C$46.00 in a research report on Friday, April 4th. National Bank Financial raised shares of Endeavour Mining to a “strong-buy” rating in a research report on Friday, March 21st. Finally, CIBC cut shares of Endeavour Mining from an “outperform” rating to a “neutral” rating and reduced their price target for the company from C$41.00 to C$37.00 in a research report on Thursday, February 27th. Two equities research analysts have rated the stock with a hold rating, two have given a buy rating and four have issued a strong buy rating to the stock. According to data from MarketBeat.com, Endeavour Mining has an average rating of “Buy” and a consensus target price of C$32.83.

Endeavour Mining Trading Up 1.6%

Endeavour Mining stock opened at C$42.40 on Tuesday. The stock has a market cap of C$7.24 billion, a P/E ratio of -21.23 and a beta of 0.92. The company has a fifty day simple moving average of C$40.86 and a 200-day simple moving average of C$33.73. Endeavour Mining has a 12-month low of C$25.07 and a 12-month high of C$45.17.

About Endeavour Mining

Endeavour Mining PLC is a gold producer in West Africa, with operating assets across Senegal, Cote d’Ivoire and Burkina Faso. It holds a portfolio of advanced development projects and exploration assets in the highly prospective Birimian Greenstone Belt across West Africa.