Endeavour Mining (EDV), the Materials sector company, was revisited by a Wall Street analyst on September 16. Credit Suisse’s analyst Fahad Tariq reiterates their Buy rating on the shares, with a C$34 price target.
According to TipRanks.com, Tariq is a 4-star analyst with an average return of 22.8% and a 81.8% success rate. Tariq covers the Basic Materials sector, focusing on stocks such as Centerra Gold Inc, Franco Nev Corp, and Alamos Gold Inc.
Currently, the analyst consensus on Endeavour Mining is a Strong Buy with an average price target of C$34.14, implying a 30.6% upside from current levels. In a report issued on September 5, National Bank also maintained a Buy rating on the stock with a C$37 price target.
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The company has a one-year high of C$28.27 and a one-year low of C$16.34. Currently, Endeavour Mining has an average volume of 322.7K.
Endeavour Mining Corp. engage sin the mining of gold. It operates through the following mines and projects: Agbaou, Ity, Houndé, Karma, and Tabakoto. The company was founded by Neil Woodyer in 1988 and is headquartered in London, the United Kingdom.
The company’s shares closed last Wednesday at C$25.48.
