Centamin (LON:CEY) had its target price increased by Peel Hunt from GBX 95 ($1.24) to GBX 105 ($1.37) in a research note issued to investors on Wednesday morning, ThisIsMoney.Co.Uk reports. They currently have a hold rating on the mining company’s stock.
Several other equities analysts also recently commented on CEY. Numis Securities reissued a buy rating and issued a GBX 110 ($1.44) price objective on shares of Centamin in a research note on Wednesday, April 24th. Royal Bank of Canada restated a sell rating and issued a $7.50 target price on shares of Deutsche Bank in a research report on Thursday, April 25th. Five analysts have rated the stock with a hold rating and one has given a buy rating to the company. The stock currently has a consensus rating of Hold and a consensus price target of GBX 106 ($1.39).
CEY opened at GBX 113.70 ($1.49) on Wednesday. The firm has a market cap of $1.31 billion and a P/E ratio of 17.77. The firm has a 50 day moving average of GBX 104.12. Centamin has a 1-year low of GBX 79.14 ($1.03) and a 1-year high of GBX 136.75 ($1.79).
Centamin 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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