Centamin PLC Stock Rating Reaffirmed by Numis Securities Ltd (CEY)
Centamin PLC (LON:CEY)‘s stock had its “hold” rating restated by stock analysts at Numis Securities Ltd in a report issued on Wednesday. They currently have a GBX 70 ($1.17) price target on the stock. Numis Securities Ltd’s price target suggests a potential upside of 7.28% from the company’s current price.
Centamin PLC (LON:CEY) opened at 65.20 on Wednesday. Centamin PLC has a 52-week low of GBX 35.92 and a 52-week high of GBX 75.50. The stock has a 50-day moving average of GBX 70.60 and a 200-day moving average of GBX 60.68. The company’s market cap is £743.5 million.
A number of other analysts have also recently weighed in on CEY. Analysts at Investec raised their price target on shares of Centamin PLC from GBX 62 ($1.04) to GBX 70 ($1.17) in a research note on Friday, August 15th. They now have a “hold” rating on the stock. Separately, analysts at RBC Capital reiterated an “outperform” rating on shares of Centamin PLC in a research note on Thursday, August 14th. They now have a GBX 80 ($1.34) price target on the stock. Finally, analysts at Panmure Gordon reiterated a “buy” rating on shares of Centamin PLC in a research note on Thursday, August 14th. They now have a GBX 90 ($1.50) price target on the stock. Nine analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of GBX 64.42 ($1.08).
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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