Centamin PLC Given Consensus Recommendation of “Hold” by Analysts (LON:CEY)
Shares of Centamin PLC (LON:CEY) have received a consensus recommendation of “Hold” from the fourteen analysts that are currently covering the company, StockRatingsNetwork reports. Nine investment analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month price target among brokers that have covered the stock in the last year is GBX 64.42 ($1.08).
A number of research firms have recently commented on CEY. Analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Centamin PLC in a research note on Wednesday. They now have a GBX 70 ($1.17) price target on the stock. Separately, 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. Finally, 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.
Centamin PLC (LON:CEY) opened at 63.75 on Tuesday. Centamin PLC has a one year low of GBX 36.67 and a one year high of GBX 75.50. The stock has a 50-day moving average of GBX 70.53 and a 200-day moving average of GBX 60.8. The company’s market cap is £727.0 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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