Home » Reports » Broker Ratings » Kenmare Resources plc 89.1% Potential Upside Indicated by Berenberg

Kenmare Resources plc 89.1% Potential Upside Indicated by Berenberg

Kenmare Resources plc with EPIC/TICKER (LON:KMR) has had its stock rating noted as ‘Initiates/Starts’ 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 would imply the analyst believes there is now a potential upside of 89.1% from today’s opening price of 195.69 GBX. Over the last 30 and 90 trading days the company share price has decreased 21.31 points and decreased 44.31 points respectively. The 52 week high share price is 289.5 GBX while the year low share price is currently 194.5 GBX.

Kenmare Resources plc has a 50 day moving average of 224.45 GBX and the 200 Day Moving Average price is recorded at 232.90. There are currently 109,601,551 shares in issue with the average daily volume traded being 30,410. Market capitalisation for LON:KMR is £213,624,596 GBP.