CIBC Trims Endeavour Silver (EDR) Target Price to C$3.15
Endeavour Silver (TSE:EDR) (NYSE:EXK) had its price objective reduced by analysts at CIBC from C$3.75 to C$3.15 in a research note issued to investors on Thursday. CIBC’s price target would suggest a potential upside of 7.14% from the company’s previous close.
Other research analysts also recently issued reports about the stock. Canaccord Genuity reiterated a “hold” rating and set a C$3.00 price target on shares of Endeavour Silver in a report on Thursday, September 7th. HC Wainwright reiterated a “buy” rating on shares of Endeavour Silver in a report on Wednesday, October 11th. National Bank Financial lowered their price target on shares of Endeavour Silver from C$4.00 to C$3.50 and set a “sector perform” rating for the company in a report on Friday, November 3rd. Finally, BMO Capital Markets reiterated a “market perform” rating and set a C$3.50 price target on shares of Endeavour Silver in a report on Wednesday, October 11th. Four analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of C$3.87.
Shares of Endeavour Silver (TSE EDR) traded up C$0.26 during trading hours on Thursday, hitting C$2.94. 396,931 shares of the stock traded hands, compared to its average volume of 335,649. Endeavour Silver has a 52 week low of C$2.50 and a 52 week high of C$6.44.
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Endeavour Silver Company Profile
Endeavour Silver Corp. is engaged in silver mining in Mexico, and related activities, including property acquisition, exploration, development, mineral extraction, processing, refining and reclamation. The Company is engaged in exploration activities in Chile. The Company’s operating mining segments include Guanacevi, Bolanitos and El Cubo, which are located in Mexico, as well as Exploration and Corporate segments.
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