Centerra Gold Inc. (TSE:CG) has been given a consensus rating of “Buy” by the nine ratings firms that are covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is C$8.78.

CG has been the topic of several analyst reports. BMO Capital Markets boosted their price target on shares of Centerra Gold from C$10.00 to C$10.50 in a report on Monday, October 2nd. Canaccord Genuity cut their price target on shares of Centerra Gold from C$10.00 to C$7.00 in a report on Friday, September 29th. CIBC boosted their price target on shares of Centerra Gold from C$8.50 to C$9.50 in a report on Thursday, September 7th. TD Securities cut their price target on shares of Centerra Gold from C$10.00 to C$8.50 and set a “hold” rating on the stock in a report on Wednesday, September 13th. Finally, Scotiabank cut their price target on shares of Centerra Gold from C$11.00 to C$8.00 and set an “outperform” rating on the stock in a report on Monday, September 11th.

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In related news, insider Dennis Kwong sold 12,924 shares of the company’s stock in a transaction that occurred on Thursday, September 14th. The shares were sold at an average price of C$9.07, for a total transaction of C$117,220.68. Also, insider John William Pearson sold 16,772 shares of the company’s stock in a transaction that occurred on Tuesday, September 19th. The shares were sold at an average price of C$8.98, for a total transaction of C$150,612.56. Insiders have sold a total of 90,536 shares of company stock worth $818,089 over the last 90 days.

About Centerra Gold

Centerra Gold Inc is a Canada-based gold mining company focused on operating, developing, exploring and acquiring gold properties in Asia, North America and other markets across the world. The Company’s exploration segment includes the operations of Lagares Project in which the activities are related to its subsidiary, Centerra Gold (KB) Inc Its Kyrgyz segment includes Kumtor Gold Co (KGC) (Kyrgyz Republic), which operates Kumtor Mine.

Analyst Recommendations for Centerra Gold (TSE:CG)

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