Home » Reports » Kenmare Resources plc 93.4% Potential Upside Indicated by Berenberg

Kenmare Resources plc 93.4% Potential Upside Indicated by Berenberg

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 a target price of 380 GBX on its stock. This would imply the analyst believes there is now a potential upside of 93.4% from today’s opening price of 196.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 25.5 points and increased 6.5 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 214.58 GBX and a 200 Day Moving Average share price is recorded at 227.31. There are currently 109,736,382 shares in issue with the average daily volume traded being 223,305. Market capitalisation for LON:KMR is £218,006,027 GBP.

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