National Bank of Canada Financial raised the target on Endeavour Mining to $46 from $45.25, and maintained the Outperform rating on the company.

STA Research assigned the stock with a Buy rating, with as 12 month target forecast of $38.

Endeavour Mining plc Stock Analysis:

Based on the Endeavour Mining plc stock forecasts from 10 analysts, the average analyst target price for Endeavour Mining plc is CAD 126.34 over the next 12 months. Endeavour Mining plc’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of Endeavour Mining plc is Neutral, which is based on 7 positive signals and 6 negative signals. At the last closing, Endeavour Mining plc’s stock price was CAD 32.68. Endeavour Mining plc’s stock price has changed by +3.94% over the past week, +0.03% over the past month and +22.49% over the last year.

What we like:

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

What we don’t like:

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.