Centamin PLC (CEY) Receives not rated Rating from Shore Capital
Centamin PLC (LON:CEY)‘s stock had its “not rated” rating reissued by Shore Capital in a report issued on Thursday.
Other equities analysts also recently issued reports about the company. Numis Securities Ltd reiterated an “add” rating and set a GBX 170 ($2.24) target price on shares of Centamin PLC in a research report on Tuesday, July 11th. Canaccord Genuity reiterated a “buy” rating and set a GBX 165 ($2.18) target price on shares of Centamin PLC in a research report on Monday, July 10th. Panmure Gordon reiterated a “buy” rating on shares of Centamin PLC in a research report on Thursday. Goldman Sachs Group, Inc. (The) reiterated a “conviction-buy” rating and set a GBX 210 ($2.77) target price on shares of Centamin PLC in a research report on Tuesday, October 10th. Finally, Jefferies Group LLC lowered their target price on Centamin PLC from GBX 170 ($2.24) to GBX 155 ($2.05) and set a “hold” rating on the stock in a research report on Thursday, October 19th. One analyst has rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of GBX 184.38 ($2.43).
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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.
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