Centerra Gold (TSE:CG) Price Target Increased to C$10.00 by Analysts at CSFB
Centerra Gold (TSE:CG) had its price target upped by CSFB from C$8.00 to C$10.00 in a research note published on Wednesday, BayStreet.CA reports.
Other equities research analysts have also issued reports about the stock. Canaccord Genuity set a $22.00 price target on shares of Hibbett Sports and gave the company a hold rating in a report on Monday, March 25th. CIBC raised shares of Centerra Gold from a neutral rating to an outperform rating and raised their price target for the company from C$9.00 to C$10.50 in a report on Monday, June 3rd. National Bank Financial lowered shares of Detour Gold to a hold rating in a report on Friday, June 28th. Royal Bank of Canada reaffirmed an underperform rating and set a GBX 215 ($2.81) price target on shares of in a report on Wednesday, June 26th. Finally, Raymond James reaffirmed a buy rating and set a $10.00 price target on shares of The Carlyle Group in a report on Monday, June 3rd. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock has an average rating of Buy and a consensus target price of C$9.83.
Shares of Centerra Gold stock traded up C$0.06 on Wednesday, reaching C$9.84. 888,232 shares of the stock were exchanged, compared to its average volume of 606,337. Centerra Gold has a 1-year low of C$4.76 and a 1-year high of C$9.91. The company has a debt-to-equity ratio of 8.60, a current ratio of 3.12 and a quick ratio of 0.90. The stock’s fifty day simple moving average is C$8.60. The firm has a market capitalization of $2.70 billion and a price-to-earnings ratio of 19.80.
About Centerra Gold
Centerra Gold Inc, a gold mining and exploration company, engages in the acquisition, exploration, development, and operation of gold and copper properties in North America, Asia, and internationally. Its flagship projects include the 100% owned Kumtor gold mine located in the Kyrgyz Republic; and the Mount Milligan gold-copper mine located in British Columbia, Canada.
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