Berenberg Bank Has Lowered Expectations for Kenmare Resources (LON:KMR) Stock Price

Kenmare Resources (LON:KMRGet Free Report) had its price target decreased by research analysts at Berenberg Bank from GBX 220 to GBX 210 in a note issued to investors on Thursday,Digital Look reports. The brokerage presently has a “hold” rating on the stock. Berenberg Bank’s target price indicates a potential upside of 1.44% from the stock’s previous close.

Kenmare Resources Trading Down 0.5%

Shares of LON:KMR opened at GBX 207.02 on Thursday. The stock has a 50 day moving average of GBX 197.62 and a 200 day moving average of GBX 219.54. The company has a market cap of £183.52 million, a PE ratio of -0.57, a price-to-earnings-growth ratio of 0.03 and a beta of 0.68. The company has a current ratio of 3.24, a quick ratio of 1.22 and a debt-to-equity ratio of 25.24. Kenmare Resources has a 12-month low of GBX 178.40 and a 12-month high of GBX 330.

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