Peel Hunt Reaffirms “Hold” Rating for Centamin (LON:CEY)

Centamin (LON:CEY)‘s stock had its “hold” rating reaffirmed by equities research analysts at Peel Hunt in a note issued to investors on Thursday, ThisIsMoney.Co.Uk reports.

A number of other brokerages have also weighed in on CEY. Shore Capital restated a “not rated” rating on shares of Centamin in a research note on Wednesday, January 15th. Berenberg Bank boosted their price target on Centamin from GBX 116 ($1.53) to GBX 127 ($1.67) and gave the stock a “hold” rating in a research note on Friday, January 10th. Numis Securities restated a “buy” rating on shares of Centamin in a research note on Thursday, October 24th. Royal Bank of Canada restated a “sector performer” rating on shares of Centamin in a research note on Monday, December 16th. Finally, Goldman Sachs Group boosted their price target on Centamin from GBX 127 ($1.67) to GBX 135 ($1.78) and gave the stock a “neutral” rating in a research note on Wednesday, February 5th. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of GBX 129.50 ($1.70).

Shares of Centamin stock opened at GBX 135.45 ($1.78) on Thursday. Centamin has a one year low of GBX 79.14 ($1.04) and a one year high of GBX 154.75 ($2.04). The company has a market capitalization of $1.57 billion and a PE ratio of 29.45. The company has a 50-day simple moving average of GBX 127.86 and a two-hundred day simple moving average of GBX 124.14.

About Centamin

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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Analyst Recommendations for Centamin (LON:CEY)

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