Berenberg Bank Cuts Kenmare Resources (LON:KMR) Price Target to GBX 280

Kenmare Resources (LON:KMRFree Report) had its target price reduced by Berenberg Bank from GBX 290 to GBX 280 in a research report report published on Wednesday, MarketBeat reports. They currently have a hold rating on the stock.

Separately, Peel Hunt reaffirmed a “buy” rating and set a GBX 485 price target on shares of Kenmare Resources in a research note on Tuesday, November 18th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of GBX 382.50.

View Our Latest Stock Report on Kenmare Resources

Kenmare Resources Stock Performance

LON KMR opened at GBX 258 on Wednesday. The business’s 50-day moving average price is GBX 252.02 and its 200 day moving average price is GBX 287.19. The company has a current ratio of 5.63, a quick ratio of 1.22 and a debt-to-equity ratio of 0.12. Kenmare Resources has a twelve month low of GBX 220.50 and a twelve month high of GBX 450. The company has a market capitalization of £228.16 million, a PE ratio of -4.45, a price-to-earnings-growth ratio of 0.03 and a beta of 0.58.

Kenmare Resources Company Profile

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