Centamin PLC 11.2% Potential Upside Indicated by RBC Capital Markets

Broker Ratings
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Centamin PLC using EPIC/TICKER code (LON:CEY) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘SECTOR PERFORMER’ today by analysts at RBC Capital Markets. Centamin PLC are listed in the Basic Materials sector within UK Main Market. RBC Capital Markets have set their target price at 105 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 11.2% from today’s opening price of 94.46 GBX. Over the last 30 and 90 trading days the company share price has decreased 23.69 points and decreased 5.74 points respectively. The 52 week high for the share price is currently at 166.9 GBX while the 52 week low for the stock is 84.74 GBX.

Centamin PLC has a 50 day moving average of 116.65 GBX and the 200 Day Moving Average price is recorded at 111.23. There are currently 1,154,722,984 shares in issue with the average daily volume traded being 8,979,269. Market capitalisation for LON:CEY is £1,109,688,770 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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