Centamin PLC (CEY) Rating Reiterated by Macquarie
Centamin PLC (LON:CEY)‘s stock had its “outperform” rating restated by stock analysts at Macquarie in a report issued on Tuesday.
Several other research firms have also weighed in on CEY. Panmure Gordon reissued a “buy” rating on shares of Centamin PLC in a research note on Thursday, July 7th. Canaccord Genuity reissued a “buy” rating on shares of Centamin PLC in a research note on Thursday, July 7th. Jefferies Group assumed coverage on Centamin PLC in a research note on Wednesday, June 22nd. They set a “hold” rating for the company. Goldman Sachs Group Inc. reissued a “buy” rating on shares of Centamin PLC in a research note on Thursday, June 16th. Finally, Numis Securities Ltd reissued a “hold” rating on shares of Centamin PLC in a research note on Thursday, August 11th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and six have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of GBX 80.11 ($1.05).
Shares of Centamin PLC (LON:CEY) opened at 143.10 on Tuesday. Centamin PLC has a 52 week low of GBX 55.65 and a 52 week high of GBX 183.90. The firm’s market capitalization is GBX 1.65 billion. The firm’s 50-day moving average price is GBX 161.21 and its 200 day moving average price is GBX 127.10.
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Centamin PLC Company Profile
Centamin plc (Centamin) is a mineral exploration, development and mining company. The Company operates in Egypt, Ethiopia, the United Kingdom and Australia. The Company’s segment is the business of exploration and mining of precious metals. The Company’s principal asset is the Sukari Gold Mine, which is jointly owned by the Company’s subsidiary, Pharaoh Gold Mines NL (PGM), and Egyptian Mineral Resource Authority (EMRA) on approximately 50% equal basis.
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