Kenmare Resources plc 56.1% Potential Upside Indicated by Berenberg

Broker Ratings

Kenmare Resources plc with EPIC/TICKER (LON:KMR) has 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 400 GBX on its stock. This would imply the analyst believes there is now a potential upside of 56.1% from today’s opening price of 256.3 GBX. Over the last 30 and 90 trading days the company share price has increased 36.3 points and increased 63.3 points respectively. The 1 year high for the stock price is 259.4 GBX while the 52 week low for the share price is 174 GBX.

Kenmare Resources plc has a 50 day moving average of 216.64 GBX and a 200 day moving average of 204.45. There are currently 681,539,369 shares in issue with the average daily volume traded being 133,127. Market capitalisation for LON:KMR is £278,021,700 GBP.

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