Shore Capital Group Limited Reiterates not rated Rating for Centamin PLC (CEY)
Centamin PLC (LON:CEY)‘s stock had its “not rated” rating reiterated by analysts at Shore Capital Group Limited in a report issued on Thursday, November 2nd.
Several other equities analysts also recently issued reports on the stock. Numis Securities Ltd restated a “buy” rating and set a GBX 170 ($2.24) price objective on shares of Centamin PLC in a report on Monday, September 25th. Goldman Sachs Group, Inc. (The) restated a “conviction-buy” rating and set a GBX 210 ($2.76) price objective on shares of Centamin PLC in a report on Tuesday, October 10th. Panmure Gordon restated a “buy” rating and set a GBX 180 ($2.37) price objective on shares of Centamin PLC in a report on Thursday, August 3rd. Shore Capital restated a “not rated” rating on shares of Centamin PLC in a report on Monday, October 9th. Finally, Jefferies Group LLC cut their price objective on shares of Centamin PLC from GBX 170 ($2.24) to GBX 155 ($2.04) and set a “hold” rating on the stock in a report on Thursday, October 19th. One analyst has rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of GBX 184.38 ($2.43).
Centamin PLC (LON:CEY) traded up GBX 1.60 ($0.02) during mid-day trading on Thursday, hitting GBX 138.20 ($1.82). The company had a trading volume of 4,061,386 shares, compared to its average volume of 5,400,000. Centamin PLC has a 12-month low of GBX 114.60 ($1.51) and a 12-month high of GBX 193.90 ($2.55).
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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