Westhouse Securities Reiterates Neutral Rating for Centamin PLC (CEY)
Centamin PLC (LON:CEY)‘s stock had its “neutral” rating reiterated by investment analysts at Westhouse Securities in a note issued to investors on Wednesday. They currently have a GBX 60 ($1.02) price objective on the stock. Westhouse Securities’ price objective indicates a potential downside of 15.67% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Panmure Gordon reiterated a “buy” rating on shares of Centamin PLC in a research note on Wednesday, July 23rd. They now have a GBX 90 ($1.53) 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 Tuesday, July 22nd. They now have a GBX 70 ($1.19) price target on the stock. Finally, analysts at RBC Capital reiterated an “outperform” rating on shares of Centamin PLC in a research note on Monday, July 21st. They now have a GBX 80 ($1.36) price target on the stock. Eight equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of GBX 65.38 ($1.11).
Shares of Centamin PLC (LON:CEY) opened at 71.15 on Wednesday. Centamin PLC has a 52 week low of GBX 9.44 and a 52 week high of GBX 75.50. The stock’s 50-day moving average is GBX 68.10 and its 200-day moving average is GBX 58.43. The company’s market cap is £783.3 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.
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