Centerra Gold Inc. (TSE:CG) has been assigned a C$8.00 price target by research analysts at TD Securities in a research report issued to clients and investors on Thursday. The firm presently has a “hold” rating on the stock. TD Securities’ price target indicates a potential upside of 18.17% from the company’s current price.

Several other research firms have also recently commented on CG. Scotiabank restated a “sector perform” rating and issued a C$8.00 target price on shares of Centerra Gold in a research report on Tuesday, November 8th. CSFB restated an “outperform” rating and issued a C$10.25 target price on shares of Centerra Gold in a research report on Wednesday, October 26th. Canaccord Genuity increased their price target on Centerra Gold from C$8.50 to C$8.75 and gave the company a “buy” rating in a research note on Monday, October 24th. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Centerra Gold in a research note on Tuesday, November 8th. Five research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Centerra Gold currently has a consensus rating of “Hold” and an average price target of C$9.07.

Analyst Recommendations for Centerra Gold (TSE:CG)

Centerra Gold (TSE:CG) traded up 2.51% during trading on Thursday, hitting $6.94. The stock had a trading volume of 160,752 shares. The stock has a market cap of $2.02 billion and a PE ratio of 19.94. Centerra Gold has a 1-year low of $5.64 and a 1-year high of $8.22. The firm’s 50-day moving average price is $6.72 and its 200-day moving average price is $7.14.

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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.

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