Centamin PLC 9.6% Potential Upside Indicated by Goldman Sachs

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 ‘NEUTRAL’ today by analysts at Goldman Sachs. Centamin PLC are listed in the Basic Materials sector within UK Main Market. Goldman Sachs have set their target price at 100 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 9.6% from the opening price of 91.22 GBX. Over the last 30 and 90 trading days the company share price has decreased 25.58 points and decreased 15.68 points respectively. The 1 year high for the stock price is 166.9 GBX while the year low stock price is currently 84.74 GBX.

Centamin PLC has a 50 day moving average of 119.97 GBX and a 200 day moving average of 112.31. There are currently 1,154,722,984 shares in issue with the average daily volume traded being 8,181,103. Market capitalisation for LON:CEY is £1,045,370,703 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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