Berenberg Bank Reaffirms Hold Rating for Centamin (LON:CEY)

Berenberg Bank reaffirmed their hold rating on shares of Centamin (LON:CEY) in a research report released on Friday, ThisIsMoney.Co.Uk reports.

A number of other research analysts have also weighed in on the stock. Numis Securities reissued a buy rating and set a GBX 110 ($1.44) target price on shares of Centamin in a research report on Wednesday, April 24th. Royal Bank of Canada reissued a sell rating and set a $7.50 target price on shares of Deutsche Bank in a research report on Thursday, April 25th. Finally, Peel Hunt cut their target price on shares of Biffa from GBX 264 ($3.45) to GBX 252 ($3.29) and set a buy rating for the company in a research report on Wednesday, July 10th. Five analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The company presently has an average rating of Hold and an average target price of GBX 106 ($1.39).

Centamin stock opened at GBX 118 ($1.54) on Friday. The stock has a market capitalization of $1.36 billion and a PE ratio of 18.44. Centamin has a one year low of GBX 79.14 ($1.03) and a one year high of GBX 136.75 ($1.79). The company has a 50-day simple moving average of GBX 108.16.

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.

Further Reading: How much can an individual set aside as a catch-up contribution?

Analyst Recommendations for Centamin (LON:CEY)

Receive News & Ratings for Centamin Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Centamin and related companies with MarketBeat.com's FREE daily email newsletter.