Centamin PLC (CEY) Given Average Rating of “Buy” by Analysts
Centamin PLC (LON:CEY) has been given a consensus recommendation of “Buy” by the ten analysts that are presently covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is GBX 186.25 ($2.47).
A number of brokerages have weighed in on CEY. Numis Securities Ltd lowered Centamin PLC to a “hold” rating and set a GBX 170 ($2.26) price target on the stock. in a research note on Friday, August 4th. Jefferies Group LLC reissued a “hold” rating and set a GBX 170 ($2.26) price target on shares of Centamin PLC in a research note on Friday, August 4th. Canaccord Genuity reissued a “buy” rating and set a GBX 165 ($2.19) price target on shares of Centamin PLC in a research note on Monday, July 10th. Shore Capital reissued a “not rated” rating on shares of Centamin PLC in a research note on Monday, October 9th. Finally, Panmure Gordon reissued a “buy” rating and set a GBX 180 ($2.39) price target on shares of Centamin PLC in a research note on Thursday, August 3rd.
Centamin PLC (LON CEY) traded down 0.28% during midday trading on Wednesday, reaching GBX 141.20. The company’s stock had a trading volume of 5,077,529 shares. The company has a 50 day moving average price of GBX 146.42 and a 200 day moving average price of GBX 160.33. The firm’s market cap is GBX 1.63 billion. Centamin PLC has a 1-year low of GBX 114.60 and a 1-year high of GBX 193.90.
The company also recently announced a dividend, which was paid on Friday, September 29th. Investors of record on Thursday, August 31st were given a $0.03 dividend. This represents a dividend yield of 1.22%. The ex-dividend date was Thursday, August 31st.
About Centamin PLC
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.
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