Centamin PLC Rating Reiterated by Canaccord Genuity (CEY)
Centamin PLC (LON:CEY)‘s stock had its “hold” rating reaffirmed by analysts at Canaccord Genuity in a research report issued to clients and investors on Thursday. They currently have a GBX 74 ($1.24) price target on the stock. Canaccord Genuity’s target price would suggest a potential downside of 1.33% from the company’s current price.
Shares of Centamin PLC (LON:CEY) opened at 74.142 on Thursday. Centamin PLC has a 52 week low of GBX 34.70 and a 52 week high of GBX 75.50. The stock has a 50-day moving average of GBX 70.24 and a 200-day moving average of GBX 60.06. The company’s market cap is £816.3 million.
A number of other analysts have also recently weighed in on CEY. Analysts at Westhouse Securities reiterated a “neutral” rating on shares of Centamin PLC in a research note on Wednesday. They now have a GBX 60 ($1.01) 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. They now have a GBX 70 ($1.17) price target on the stock. Finally, analysts at Nomura reiterated a “buy” rating on shares of Centamin PLC in a research note on Monday. Eight investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. Centamin PLC has a consensus 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.
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