Jefferies Financial Group Issues Positive Forecast for Endeavour Mining (TSE:EDV) Stock Price

Endeavour Mining (TSE:EDV - Get Free Report) had its price objective lifted by stock analysts at Jefferies Financial Group from C$45.00 to C$46.00 in a research report issued on Friday,BayStreet.CA reports. Jefferies Financial Group's price target indicates a potential upside of 35.61% from the company's previous close.

Several other equities research analysts also recently issued reports on EDV. National Bank Financial raised Endeavour Mining to a "strong-buy" rating in a report on Friday, March 21st. BMO Capital Markets cut their target price on shares of Endeavour Mining from C$8.50 to C$8.00 in a research note on Thursday, January 9th. TD Securities upgraded shares of Endeavour Mining to a "strong-buy" rating in a research note on Tuesday, February 4th. Cibc World Mkts downgraded shares of Endeavour Mining from a "strong-buy" rating to a "hold" rating in a research report on Thursday, February 27th. Finally, CIBC downgraded Endeavour Mining from an "outperform" rating to a "neutral" rating and decreased their target price for the company from C$41.00 to C$37.00 in a research report on Thursday, February 27th. Three research analysts have rated the stock with a hold rating, one has issued a buy rating and four have issued a strong buy rating to the stock. According to data from MarketBeat, Endeavour Mining presently has a consensus rating of "Buy" and an average target price of C$28.00.

Endeavour Mining Trading Up 8.2 %

TSE:EDV traded up C$2.58 on Friday, hitting C$33.92. The company's stock had a trading volume of 800,277 shares, compared to its average volume of 498,602. Endeavour Mining has a one year low of C$25.07 and a one year high of C$34.97. The stock has a fifty day moving average of C$31.52 and a two-hundred day moving average of C$29.88. The firm has a market capitalization of C$5.79 billion, a P/E ratio of -16.98 and a beta of 0.92.

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Endeavour Mining Company Profile

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.