Brokerages Set Centamin PLC (CEY) Price Target at $65.00
Shares of Centamin PLC (LON:CEY) have been assigned a consensus rating of “Hold” from the eleven brokerages that are currently covering the stock. One analyst has rated the stock with a sell rating, five have given a hold rating and five have given a buy rating to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is GBX 65 ($0.81).
A number of brokerages have commented on CEY. Numis Securities Ltd restated a “hold” rating on shares of Centamin PLC in a research note on Friday. Royal Bank Of Canada restated a “sector performer” rating on shares of Centamin PLC in a research note on Tuesday, November 1st. Jefferies Group restated a “hold” rating on shares of Centamin PLC in a research note on Tuesday, November 1st. Macquarie restated an “outperform” rating on shares of Centamin PLC in a research note on Monday, October 17th. Finally, Canaccord Genuity restated a “buy” rating on shares of Centamin PLC in a research note on Wednesday, October 12th.
Centamin PLC (LON:CEY) opened at 132.2000 on Friday. Centamin PLC has a 12-month low of GBX 58.35 and a 12-month high of GBX 183.90. The stock’s market cap is GBX 1.53 billion. The stock has a 50 day moving average price of GBX 150.31 and a 200-day moving average price of GBX 142.39.
About Centamin PLC
Centamin plc (Centamin) is a mineral exploration, development and mining company. The Company operates in Egypt, Ethiopia, the United Kingdom and Australia. The Company’s segment is the business of exploration and mining of precious metals. The Company’s principal asset is the Sukari Gold Mine, which is jointly owned by the Company’s subsidiary, Pharaoh Gold Mines NL (PGM), and Egyptian Mineral Resource Authority (EMRA) on approximately 50% equal basis.
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