Kenmare Resources (LON:KMR) Earns “Hold” Rating from Berenberg Bank

Kenmare Resources (LON:KMRGet Free Report)‘s stock had its “hold” rating reissued by equities researchers at Berenberg Bank in a research note issued to investors on Thursday, MarketBeat.com reports. They currently have a GBX 220 price objective on the stock. Berenberg Bank’s price target would suggest a potential upside of 15.67% from the stock’s previous close.

Kenmare Resources Stock Down 1.2%

KMR stock opened at GBX 190.20 on Thursday. Kenmare Resources has a fifty-two week low of GBX 178.40 and a fifty-two week high of GBX 343.50. The business’s 50 day moving average price is GBX 208.46 and its two-hundred day moving average price is GBX 229.36. The company has a debt-to-equity ratio of 25.24, a quick ratio of 1.22 and a current ratio of 3.24. The company has a market capitalization of £168.61 million, a price-to-earnings ratio of -0.52, a price-to-earnings-growth ratio of 0.03 and a beta of 0.68.

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