Endeavour Mining PLC -.8% potential downside indicated by Morgan Stanley

Endeavour Mining PLC with ticker (LON:EDV) now has a potential downside of -.8% according to Morgan Stanley.



Morgan Stanley set a target price of 2,060 GBX for the company, which when compared to the Endeavour Mining PLC share price of 2,076 GBX at opening today (20/04/2022) indicates a potential downside of -.8%. Trading has ranged between 1,505 (52 week low) and 2,160 (52 week high) with an average of 586,470 shares exchanging hands daily. The market capitalisation at the time of writing is £1,654,346,203.

Endeavour Group Ltd is an Australia-based company, which is engaged in the retail drinks and hospitality business. Its brands include Dan Murphy’s, BWS, Pinnacle drinks, ALH Hotels, Jimmy Brings, Langtons, Cellar Masters and Shortys. Dan Murphy’s operates approximately 250 liquor stores and has an integrated online offering. BWS offers a wide range of products across beer, cider, wine, premix and spirits. BWS is operating approximately 1,400 stores across Australia. Pinnacle Drinks creates, builds and manages a portfolio of drinks brands. Pinnacle Drinks also maintains a portfolio of production and services assets include wineries, vineyards, wine brands and wine services. ALH operates and manages a portfolio of more than 330 venues in capital cities and urban and regional centers. Cellar Masters is offering a direct-to-consumer wine subscription service. Shorty’s Liquor is supplying drinks to corporate businesses in Sydney and Melbourne.