Investec Reiterates “Hold” Rating for Centamin PLC (CEY)
Centamin PLC (LON:CEY)‘s stock had its “hold” rating reaffirmed by equities research analysts at Investec in a research note issued to investors on Wednesday. They currently have a GBX 62 ($1.04) price target on the stock. Investec’s price objective points to a potential upside of 2.23% from the company’s current price.
Centamin PLC (LON:CEY) opened at 60.40 on Wednesday. Centamin PLC has a 52 week low of GBX 27.199 and a 52 week high of GBX 66.288. The stock has a 50-day moving average of GBX 58.21 and a 200-day moving average of GBX 50.92. The company’s market cap is £665.0 million.
CEY has been the subject of a number of other recent research reports. Analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Centamin PLC in a research note on Friday, May 16th. They now have a GBX 70 ($1.18) price target on the stock. Separately, analysts at Canaccord Genuity reiterated a “speculative buy” rating on shares of Centamin PLC in a research note on Thursday, May 15th. They now have a GBX 68 ($1.14) price target on the stock. Finally, analysts at Davy Research reiterated a “neutral” rating on shares of Centamin PLC in a research note on Thursday, May 15th. They now have a GBX 56 ($0.94) price target on the stock. Nine investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of GBX 60.38 ($1.02).
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.