Credit Suisse Group Raises Endeavour Mining (OTCMKTS:EDVMF) Price Target to C$38.00

Endeavour Mining (OTCMKTS:EDVMF) had its price target lifted by investment analysts at Credit Suisse Group from C$36.00 to C$38.00 in a research report issued on Tuesday, The Fly reports. The brokerage presently has an “outperform” rating on the stock.

A number of other analysts also recently weighed in on EDVMF. Scotiabank decreased their price target on Endeavour Mining from C$51.00 to C$48.00 and set an “outperform” rating on the stock in a research note on Tuesday, October 5th. Morgan Stanley assumed coverage on Endeavour Mining in a research report on Friday, September 10th. They set an “equal weight” rating on the stock. Berenberg Bank boosted their target price on Endeavour Mining from C$43.00 to C$49.00 and gave the stock a “buy” rating in a research report on Thursday, July 8th. National Bank Financial decreased their target price on Endeavour Mining from C$55.00 to C$49.00 and set an “outperform” rating on the stock in a research report on Friday, September 10th. Finally, Royal Bank of Canada boosted their target price on Endeavour Mining from C$42.00 to C$44.00 and gave the stock an “outperform” rating in a research report on Monday, August 9th. One equities research analyst has rated the stock with a hold rating and nine have issued a buy rating to the stock. According to MarketBeat.com, Endeavour Mining currently has an average rating of “Buy” and an average target price of $45.00.

Endeavour Mining stock opened at $24.20 on Tuesday. Endeavour Mining has a 1-year low of $18.11 and a 1-year high of $28.31. The stock’s 50 day moving average price is $23.45 and its 200 day moving average price is $22.97.

About Endeavour Mining

Endeavour Mining Plc produces gold. Its assets include the Ity Mine in Côte d’Ivoire, the Boungou, Hounde, Karma, Mana and Wahgnion Mines in Burkina Faso, and the Sabodala-Massawa Mine in Senegal. The firm has four development projects Fetekro, Kalana, Bantou and Nabanga. The company was founded on March 21, 2021 and is headquartered in London the United Kingdom.

Further Reading: Why do company’s buyback their stock?

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