Centamin PLC Given “Neutral” Rating at Davy Research (CEY)
Centamin PLC (LON:CEY)‘s stock had its “neutral” rating restated by equities research analysts at Davy Research in a research note issued to investors on Thursday, Analyst RN reports. They currently have a GBX 56 ($0.94) target price on the stock. Davy Research’s price target indicates a potential downside of 12.43% from the company’s current price.
A number of other analysts have also recently weighed in on CEY. Analysts at Westhouse Securities reiterated a “neutral” rating on shares of Centamin PLC in a research note on Thursday. They now have a GBX 55 ($0.93) price target on the stock. Separately, analysts at RBC Capital reiterated an “outperform” rating on shares of Centamin PLC in a research note on Friday, May 9th. They now have a GBX 80 ($1.35) price target on the stock. Finally, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Centamin PLC in a research note on Thursday, May 8th. They now have a GBX 70 ($1.18) price target on the stock. Eight investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. Centamin PLC presently has a consensus rating of “Hold” and an average price target of GBX 60.85 ($1.02).
Centamin PLC (LON:CEY) opened at 62.35 on Thursday. Centamin PLC has a one year low of GBX 27.199 and a one year high of GBX 66.288. The stock has a 50-day moving average of GBX 57.15 and a 200-day moving average of GBX 50.63. The company’s market cap is £679.9 million.
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.