Central Asia Metals Price Target Increased to GBX 236 by Analysts at Investec (CAML)
Investec hoisted their price target on shares of Central Asia Metals (LON:CAML) from GBX 230 ($3.87) to GBX 236 ($3.98) in a research note issued on Monday, AnalystRatingsNetwork reports. The firm currently has a “buy” rating on the stock. Investec’s target price points to a potential upside of 43.90% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Canaccord Genuity cut their price target on shares of Central Asia Metals from GBX 260 ($4.38) to GBX 215 ($3.62) in a research note on Friday, April 25th. They now have a “buy” rating on the stock. Separately, analysts at FinnCap reiterated a “buy” rating on shares of Central Asia Metals in a research note on Wednesday, April 16th. They now have a GBX 234 ($3.94) price target on the stock.
Shares of Central Asia Metals (LON:CAML) opened at 164.00 on Monday. Central Asia Metals has a 52-week low of GBX 105.525 and a 52-week high of GBX 190.00. The stock has a 50-day moving average of GBX 172.5 and a 200-day moving average of GBX 164.5.
The company also recently announced a dividend, which is scheduled for Friday, June 20th. Stockholders of record on Wednesday, May 28th will be paid a dividend of GBX 5 ($0.08) per share. This represents a dividend yield of 2.78%. The ex-dividend date is Wednesday, May 28th.
Central Asia Metals Plc (LON:CAML), formerly Central Asia Metals Limited, is a mining exploration and development company.
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