Centamin PLC Given Average Rating of “Hold” by Brokerages (LON:CEY)
Shares of Centamin PLC (LON:CEY) have been given an average rating of “Hold” by the thirteen analysts that are presently covering the stock, Analyst Ratings Network.com reports. Eight investment analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is GBX 62.83 ($1.08).
Shares of Centamin PLC (LON:CEY) opened at 67.00 on Tuesday. Centamin PLC has a 52 week low of GBX 33.46 and a 52 week high of GBX 69.50. The stock has a 50-day moving average of GBX 63.65 and a 200-day moving average of GBX 55.53. The company’s market cap is £737.7 million.
Several analysts have recently commented on the stock. Analysts at Nomura reiterated a “buy” rating on shares of Centamin PLC in a research note on Friday. They now have a GBX 85 ($1.46) price target on the stock. Separately, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Centamin PLC in a research note on Thursday. They now have a GBX 70 ($1.20) price target on the stock. Finally, analysts at RBC Capital reiterated an “outperform” rating on shares of Centamin PLC in a research note on Wednesday. They now have a GBX 80 ($1.37) price target on the stock.
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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