Central Asia Metals Price Target Lowered to GBX 260 at Canaccord Genuity (CAML)
Research analysts at Canaccord Genuity lowered their price target on shares of Central Asia Metals (LON:CAML) from GBX 285 ($4.77) to GBX 260 ($4.35) in a report released on Monday, Analyst RN reports. The firm currently has a “buy” rating on the stock. Canaccord Genuity’s target price suggests a potential upside of 48.29% from the company’s current price.
Central Asia Metals (LON:CAML) opened at 171.00 on Monday. Central Asia Metals has a 52 week low of GBX 103.85 and a 52 week high of GBX 190.00. The stock has a 50-day moving average of GBX 170.7 and a 200-day moving average of GBX 159.6.
A number of other firms have also recently commented on CAML. Analysts at Investec reiterated a “buy” rating on shares of Central Asia Metals in a research note on Tuesday, April 8th. They now have a GBX 230 ($3.85) price target on the stock. Separately, analysts at FinnCap reiterated a “buy” rating on shares of Central Asia Metals in a research note on Thursday, April 3rd. They now have a GBX 234 ($3.92) price target on the stock. Finally, analysts at WH Ireland initiated coverage on shares of Central Asia Metals in a research note on Monday, March 3rd. They set a “buy” rating and a GBX 205 ($3.43) price target on the stock.
Central Asia Metals Plc (LON:CAML), formerly Central Asia Metals Limited, is a mining exploration and development company.
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