Panmure Gordon Reiterates “Buy” Rating for Centamin PLC (CEY)
Centamin PLC (LON:CEY)‘s stock had its “buy” rating reiterated by analysts at Panmure Gordon in a research report issued to clients and investors on Thursday. They currently have a GBX 90 ($1.51) price objective on the stock. Panmure Gordon’s target price suggests a potential upside of 20.00% from the stock’s previous close.
A number of other firms have also recently commented on CEY. Analysts at Canaccord Genuity reiterated a “hold” rating on shares of Centamin PLC in a research note on Thursday. They now have a GBX 74 ($1.24) price target on the stock. Separately, 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. Finally, 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. Eight research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of GBX 63.75 ($1.07).
Centamin PLC (LON:CEY) opened at 74.15 on Thursday. 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 70.24 and its 200-day moving average is GBX 60.06. The company’s market cap is £816.4 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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