Endeavour Silver Corp (EDR) PT Lowered to C$3.75

Endeavour Silver Corp (TSE:EDR) (NYSE:EXK) had its price target lowered by investment analysts at CIBC from C$4.50 to C$3.75 in a research report issued on Friday. CIBC’s price objective suggests a potential upside of 42.05% from the company’s current price.

Several other analysts have also issued reports on EDR. TD Securities lowered their target price on Endeavour Silver Corp from C$4.50 to C$4.25 and set a “hold” rating on the stock in a research note on Friday, August 4th. Canaccord Genuity restated a “hold” rating and issued a C$3.00 target price on shares of Endeavour Silver Corp in a research note on Thursday, September 7th. BMO Capital Markets restated a “market perform” rating and issued a C$3.50 target price on shares of Endeavour Silver Corp in a research note on Wednesday, October 11th. Finally, HC Wainwright restated a “buy” rating on shares of Endeavour Silver Corp in a research note on Wednesday, October 11th. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Endeavour Silver Corp has a consensus rating of “Hold” and an average target price of C$4.00.

Shares of Endeavour Silver Corp (TSE EDR) traded up C$0.05 on Friday, hitting C$2.64. The company’s stock had a trading volume of 228,364 shares.

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Endeavour Silver Corp 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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