Kenmare Resources plc 90.6% Potential Upside Indicated by Berenberg

Broker Ratings
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Kenmare Resources plc with EPIC/TICKER (LON:KMR) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today 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 370 GBX on its stock. This now indicates the analyst believes there is a possible upside of 90.6% from today’s opening price of 194.1 GBX. Over the last 30 and 90 trading days the company share price has decreased 17.9 points and increased 7.1 points respectively. The 1 year high stock price is 292 GBX while the 52 week low for the share price is 138 GBX.

Kenmare Resources plc has a 50 day moving average of 214.02 GBX and a 200 day moving average of 226.52. There are currently 109,736,382 shares in issue with the average daily volume traded being 217,495. Market capitalisation for LON:KMR is £215,905,499 GBP.

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