Centerra Gold Inc. (TSE:CG)‘s stock had its “sector perform” rating restated by equities researchers at Royal Bank Of Canada in a research report issued on Tuesday, StockTargetPrices.com reports.
Several other brokerages have also recently commented on CG. CSFB reaffirmed an “outperform” rating and set a C$10.25 price target on shares of Centerra Gold in a research report on Wednesday, October 26th. Canaccord Genuity increased their price target on shares of Centerra Gold from C$8.50 to C$8.75 and gave the stock a “buy” rating in a research report on Monday, October 24th. Scotiabank reaffirmed an “outperform” rating and set a C$11.00 price target on shares of Centerra Gold in a research report on Thursday, July 28th. Finally, TD Securities reduced their price target on shares of Centerra Gold from C$9.00 to C$8.50 and set a “hold” rating on the stock in a research report on Friday, July 29th. Five equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of C$9.07.
Shares of Centerra Gold (TSE:CG) traded down 0.43% during midday trading on Tuesday, hitting $6.89. The stock had a trading volume of 471,527 shares. The firm has a 50 day moving average of $6.74 and a 200-day moving average of $7.14. Centerra Gold has a one year low of $5.64 and a one year high of $8.22. The company has a market cap of $2.01 billion and a P/E ratio of 19.80.
About Centerra Gold