Centamin Plc (LON:CEY) has been given an average rating of “Buy” by the ten research firms that are presently covering the firm, Marketbeat reports. One analyst has rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is GBX 184.29 ($2.48).

A number of research firms have issued reports on CEY. Shore Capital Group reiterated a “not rated” rating on shares of Centamin in a research note on Thursday, November 2nd. Shore Capital reiterated a “not rated” rating on shares of Centamin in a research note on Thursday, November 2nd. Jefferies Group reduced their target price on shares of Centamin from GBX 170 ($2.29) to GBX 155 ($2.09) and set a “hold” rating for the company in a research note on Thursday, October 19th. Panmure Gordon reiterated a “buy” rating on shares of Centamin in a research note on Thursday, November 2nd. Finally, Goldman Sachs Group reiterated a “conviction-buy” rating and issued a GBX 205 ($2.76) target price on shares of Centamin in a research note on Friday, November 24th.

Centamin (LON:CEY) traded down GBX 0.60 ($0.01) during midday trading on Thursday, reaching GBX 140.20 ($1.89). 5,675,047 shares of the company’s stock were exchanged, compared to its average volume of 5,310,000. Centamin has a 1 year low of GBX 114.60 ($1.54) and a 1 year high of GBX 193.90 ($2.61).

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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.

Analyst Recommendations for Centamin (LON:CEY)

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