Centamin (LON:CEY) Given Hold Rating at Peel Hunt

Peel Hunt reissued their hold rating on shares of Centamin (LON:CEY) in a research report sent to investors on Tuesday morning, ThisIsMoney.Co.Uk reports.

CEY has been the topic of several other research reports. Bank of America restated a buy rating on shares of Centamin in a report on Tuesday, October 8th. Numis Securities reaffirmed a buy rating on shares of Centamin in a research report on Thursday, October 24th. Shore Capital reiterated a not rated rating on shares of Centamin in a research note on Thursday, October 3rd. Berenberg Bank decreased their target price on Centamin from GBX 120 ($1.57) to GBX 113 ($1.48) and set a hold rating on the stock in a research report on Wednesday, October 16th. Finally, Royal Bank of Canada restated a sector performer rating on shares of Centamin in a research note on Tuesday, October 15th. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Centamin presently has an average rating of Hold and a consensus target price of GBX 125.50 ($1.64).

Shares of Centamin stock opened at GBX 128.80 ($1.68) on Tuesday. Centamin has a fifty-two week low of GBX 79.14 ($1.03) and a fifty-two week high of GBX 154.75 ($2.02). The firm has a fifty day moving average price of GBX 113.65 and a two-hundred day moving average price of GBX 116.20. The company has a market cap of $1.49 billion and a PE ratio of 28.00.

In other Centamin news, insider Marna Cloete purchased 15,000 shares of the firm’s stock in a transaction on Friday, November 8th. The shares were purchased at an average price of GBX 113 ($1.48) per share, for a total transaction of £16,950 ($22,148.18).

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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