Centamin PLC 18.3% Potential Upside Indicated by RBC Capital Markets

Broker Ratings
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Centamin PLC using EPIC/TICKER code (LON:CEY) had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘OUTPERFORM’ this morning 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 210 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 18.3% from today’s opening price of 177.45 GBX. Over the last 30 and 90 trading days the company share price has increased 13.05 points and increased 46.05 points respectively. The 1 year high for the stock price is 192.9 GBX while the 52 week low for the stock is 88.28 GBX.

Centamin PLC has a 50 day moving average of 167.16 GBX and a 200 day moving average of 136.49. There are currently 1,155,955,384 shares in issue with the average daily volume traded being 7,465,183. Market capitalisation for LON:CEY is £2,047,697,459 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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