Centerra Gold Inc. (CG) Receives Average Recommendation of “Hold” from Analysts
Shares of Centerra Gold Inc. (TSE:CG) have been assigned a consensus rating of “Hold” from the nine ratings firms that are covering the company, Marketbeat reports. One analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and one has issued a buy recommendation on the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is C$8.25.
Several analysts have weighed in on the stock. Scotiabank reissued a “sector perform” rating and set a C$8.00 target price on shares of Centerra Gold in a research report on Wednesday, May 3rd. TD Securities reissued a “hold” rating and set a C$7.50 target price on shares of Centerra Gold in a research report on Wednesday, May 3rd. Royal Bank Of Canada reissued an “underperform” rating on shares of Centerra Gold in a research report on Tuesday, May 2nd. BMO Capital Markets reissued a “market perform” rating and set a C$8.00 target price on shares of Centerra Gold in a research report on Monday, July 10th. Finally, National Bank Financial restated an “outperform spec market weight” rating on shares of Centerra Gold in a research note on Sunday, July 23rd.
Centerra Gold (TSE:CG) opened at 6.98 on Tuesday. Centerra Gold has a 12 month low of $5.56 and a 12 month high of $8.32. The company has a market cap of $2.03 billion and a P/E ratio of 9.15. The company’s 50-day moving average is $6.83 and its 200-day moving average is $7.11.
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Centerra Gold Company Profile
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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