Kenmare Resources plc 109.9% Potential Upside Indicated by Berenberg

Broker Ratings
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Kenmare Resources plc using EPIC/TICKER code (LON:KMR) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Berenberg. Kenmare Resources plc are listed in the Basic Materials sector within International Main Market. Berenberg have set their target price at 400 GBX on its stock. This is indicating the analyst believes there is a potential upside of 109.9% from the opening price of 190.58 GBX. Over the last 30 and 90 trading days the company share price has decreased 64.42 points and decreased 44.42 points respectively. The 1 year high share price is 292 GBX while the 52 week low is 138 GBX.

Kenmare Resources plc has a 50 day moving average of 242.90 GBX and a 200 day moving average of 233.05. There are currently 109,657,480 shares in issue with the average daily volume traded being 94,843. Market capitalisation for LON:KMR is £215,417,200 GBP.

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