Centamin PLC 1.7% Potential Decrease Indicated by Morgan Stanley

Broker Ratings
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Centamin PLC with EPIC/TICKER (LON:CEY) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘EQUAL WEIGHT’ today by analysts at Morgan Stanley. Centamin PLC are listed in the Basic Materials sector within UK Main Market. Morgan Stanley have set their target price at 170 GBX on its stock. This would indicate that the analyst believes there is a downside of -1.7% from the opening price of 173 GBX. Over the last 30 and 90 trading days the company share price has increased 8.6 points and increased 40 points respectively. The 1 year high stock price is 192.9 GBX while the 52 week low for the share price is 88.28 GBX.

Centamin PLC has a 50 day moving average of 165.68 GBX and the 200 Day Moving Average price is recorded at 135.95. There are currently 1,155,955,384 shares in issue with the average daily volume traded being 7,333,407. Market capitalisation for LON:CEY is £2,016,564,132 GBP.

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    Centamin plc (LON:CEY) partners with the Egyptian Mining Forum as the primary sponsor to celebrate Egypt’s mining sector growth, highlighting innovation and sustainability.

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