Shore Capital Reaffirms “not rated” Rating for Centamin PLC (CEY)
Centamin PLC (LON:CEY)‘s stock had its “not rated” rating reaffirmed by research analysts at Shore Capital in a research note issued to investors on Monday.
Other equities analysts have also recently issued reports about the company. Numis Securities Ltd reissued an “add” rating and set a GBX 170 ($2.25) price target on shares of Centamin PLC in a report on Tuesday, July 11th. Panmure Gordon reissued a “buy” rating and set a GBX 180 ($2.39) price target on shares of Centamin PLC in a report on Thursday, August 3rd. Canaccord Genuity reissued a “buy” rating and set a GBX 165 ($2.19) price target on shares of Centamin PLC in a report on Monday, July 10th. Investec reissued a “buy” rating and set a GBX 185 ($2.45) price target on shares of Centamin PLC in a report on Monday, June 12th. Finally, Jefferies Group LLC reissued a “hold” rating and set a GBX 170 ($2.25) price target on shares of Centamin PLC in a report on Friday, August 4th. Two research analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of GBX 182.86 ($2.43).
Centamin PLC (CEY) traded up 0.62% during mid-day trading on Monday, reaching GBX 146.30. The company’s stock had a trading volume of 4,581,949 shares. The company has a 50-day moving average price of GBX 148.08 and a 200-day moving average price of GBX 162.16. Centamin PLC has a 12-month low of GBX 114.60 and a 12-month high of GBX 193.90. The firm’s market cap is GBX 1.69 billion.
ILLEGAL ACTIVITY NOTICE: This article was originally published by American Banking News and is the property of of American Banking News. If you are reading this article on another site, it was illegally stolen and republished in violation of U.S. and international trademark & copyright law. The legal version of this article can be viewed at https://www.americanbankingnews.com/2017/10/09/centamin-plc-cey-given-not-rated-rating-at-shore-capital.html.
Centamin PLC Company Profile
Centamin plc is a mineral exploration, development and mining company. The Company is engaged in the business of exploration and production of precious metals. It operates in Australia, Jersey, Egypt, Burkina Faso and Cote d’Ivoire. Its principal asset, the Sukari Gold Mine (SGM), is located in the Eastern Desert, approximately 900 kilometers from Cairo and 25 kilometers from the Red Sea.
Receive News & Ratings for Centamin PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Centamin PLC and related companies with MarketBeat.com's FREE daily email newsletter.