Centamin PLC Receives Average Rating of “Hold” from Analysts (LON:CEY)
Shares of Centamin PLC (LON:CEY) have received an average recommendation of “Hold” from the thirteen brokerages that are presently covering the stock, Analyst Ratings Network.com reports. One analyst has rated the stock with a sell recommendation, eight have given a hold recommendation and four have given a buy recommendation to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is GBX 54.18 ($0.90).
Shares of Centamin PLC (LON:CEY) traded up 1.49% on Wednesday, hitting GBX 54.60. 1,835,780 shares of the company’s stock traded hands. Centamin PLC has a one year low of GBX 27.199 and a one year high of GBX 71.10. The stock has a 50-day moving average of GBX 47.94 and a 200-day moving average of GBX 45.70. The company’s market cap is £601.4 million.
CEY has been the subject of a number of recent research reports. Analysts at RBC Capital reiterated an “outperform” rating on shares of Centamin PLC in a research note on Wednesday. They now have a GBX 80 ($1.33) price target on the stock. Separately, analysts at Westhouse Securities reiterated a “neutral” rating on shares of Centamin PLC in a research note on Tuesday. They now have a GBX 50 ($0.83) price target on the stock. Finally, analysts at Davy Research reiterated an “underperform” rating on shares of Centamin PLC in a research note on Tuesday, February 11th.
Centamin plc is the ultimate holding company. The Company, along with its subsidiaries, is engaged in the business of exploration for precious and base metals.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.