Analysts Set Centamin PLC (CEY) Target Price at $185.00
Shares of Centamin PLC (LON:CEY) have been given a consensus rating of “Buy” by the ten research firms that are currently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is GBX 185 ($2.43).
A number of research firms have commented on CEY. Numis Securities Ltd reaffirmed a “buy” rating and set a GBX 170 ($2.24) target price on shares of Centamin PLC in a report on Monday, September 25th. Goldman Sachs Group, Inc. (The) reiterated a “conviction-buy” rating and set a GBX 210 ($2.76) price target on shares of Centamin PLC in a research report on Tuesday, October 10th. Jefferies Group LLC reiterated a “hold” rating and set a GBX 170 ($2.24) price target on shares of Centamin PLC in a research report on Friday, August 4th. Panmure Gordon reiterated a “buy” rating on shares of Centamin PLC in a research report on Thursday, November 2nd. Finally, Shore Capital reiterated a “not rated” rating on shares of Centamin PLC in a research report on Monday, October 9th.
Centamin PLC (LON CEY) traded up GBX 1 ($0.01) during trading hours on Friday, reaching GBX 136.60 ($1.80). The company’s stock had a trading volume of 6,420,604 shares, compared to its average volume of 5,370,000. Centamin PLC has a 52 week low of GBX 114.60 ($1.51) and a 52 week high of GBX 193.90 ($2.55).
Centamin PLC Company Profile
Centamin plc is a mineral exploration, development and mining company. The Company is engaged in the business of exploration and production of precious metals. It operates in Australia, Jersey, Egypt, Burkina Faso and Cote d’Ivoire. Its principal asset, the Sukari Gold Mine (SGM), is located in the Eastern Desert, approximately 900 kilometers from Cairo and 25 kilometers from the Red Sea.
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