Share on StockTwits

Centamin PLC (LON:CEY)‘s stock had its “neutral” rating reiterated by analysts at Westhouse Securities in a research report issued to clients and investors on Wednesday. They currently have a GBX 60 ($1.01) price target on the stock. Westhouse Securities’ price objective suggests a potential downside of 20.00% from the company’s current price.

Shares of Centamin PLC (LON:CEY) opened at 74.95 on Wednesday. Centamin PLC has a 52-week low of GBX 34.70 and a 52-week high of GBX 75.50. The stock’s 50-day moving average is GBX 69.95 and its 200-day moving average is GBX 59.86. The company’s market cap is £825.2 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 Tuesday. They now have a GBX 70 ($1.17) price target on the stock. Separately, analysts at Nomura reiterated a “buy” rating on shares of Centamin PLC in a research note on Monday. Finally, analysts at Canaccord Genuity downgraded shares of Centamin PLC to a “hold” rating in a research note on Thursday, July 31st. They now have a GBX 74 ($1.24) price target on the stock, up previously from GBX 68 ($1.14). Eight research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Centamin PLC presently has an average rating of “Hold” and an average price target of GBX 63.75 ($1.07).

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.