Centamin PLC Rating Reiterated by Numis Securities Ltd (CEY)
Centamin PLC (LON:CEY)‘s stock had its “buy” rating reiterated by analysts at Numis Securities Ltd in a research report issued to clients and investors on Wednesday. They currently have a GBX 70 ($1.17) price target on the stock. Numis Securities Ltd’s price target points to a potential upside of 11.38% from the company’s current price.
Shares of Centamin PLC (LON:CEY) opened at 62.35 on Wednesday. Centamin PLC has a 52 week low of GBX 27.199 and a 52 week high of GBX 66.288. The stock’s 50-day moving average is GBX 60.59 and its 200-day moving average is GBX 51.65. The company’s market cap is £686.5 million.
CEY has been the subject of a number of other recent research reports. Analysts at RBC Capital reiterated an “outperform” rating on shares of Centamin PLC in a research note on Wednesday, May 28th. They now have a GBX 80 ($1.34) price target on the stock. Separately, analysts at Investec raised their price target on shares of Centamin PLC from GBX 57 ($0.96) to GBX 62 ($1.04) in a research note on Wednesday, May 21st. They now have a “hold” rating on the stock. Finally, 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. Nine investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Centamin PLC presently has an average rating of “Hold” and a consensus target price of GBX 60.38 ($1.01).
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.
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