Centerra Gold Inc. (CG) Receives C$9.17 Consensus Target Price from Brokerages
Shares of Centerra Gold Inc. (TSE:CG) have received an average rating of “Hold” from the eight research firms that are currently covering the stock. Five analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is C$9.17.
Several equities analysts recently issued reports on CG shares. Scotiabank upgraded shares of Centerra Gold from an “underperform” rating to an “outperform” rating and boosted their target price for the company from C$6.00 to C$11.00 in a report on Thursday, July 21st. TD Securities dropped their target price on shares of Centerra Gold from C$8.50 to C$8.00 and set a “hold” rating on the stock in a report on Wednesday. CSFB restated an “outperform” rating and issued a C$10.25 target price on shares of Centerra Gold in a report on Wednesday, October 26th. Royal Bank Of Canada restated a “sector perform” rating on shares of Centerra Gold in a report on Tuesday. Finally, Canaccord Genuity boosted their target price on shares of Centerra Gold from C$8.50 to C$8.75 and gave the company a “buy” rating in a report on Monday, October 24th.
Centerra Gold (TSE:CG) opened at 6.26 on Wednesday. The company has a market cap of $1.52 billion and a PE ratio of 18.20. The stock has a 50 day moving average price of $6.78 and a 200 day moving average price of $7.15. Centerra Gold has a one year low of $5.64 and a one year high of $8.22.
About Centerra Gold
Centerra Gold Inc is a Canada-based gold mining company focused on operating, developing, exploring and acquiring gold properties in Asia, North America and other markets across the world. The Company’s exploration segment includes the operations of Lagares Project in which the activities are related to its subsidiary, Centerra Gold (KB) Inc Its Kyrgyz segment includes Kumtor Gold Co (KGC) (Kyrgyz Republic), which operates Kumtor Mine.
Receive News & Stock Ratings for Centerra Gold Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Centerra Gold Inc. and related stocks with our FREE daily email newsletter.