Centerra Gold (TSE:CG – Get Free Report) had its price target increased by investment analysts at Canaccord Genuity Group from C$10.75 to C$11.00 in a research report issued on Tuesday, BayStreet.CA reports. Canaccord Genuity Group’s price target would suggest a potential upside of 27.31% from the stock’s previous close.
CG has been the subject of a number of other research reports. BMO Capital Markets set a C$10.00 target price on Centerra Gold and gave the stock an “outperform” rating in a research report on Wednesday, February 21st. CIBC boosted their price target on shares of Centerra Gold from C$9.50 to C$11.00 in a research report on Monday, April 15th. Raymond James upped their price objective on Centerra Gold from C$11.50 to C$12.50 in a research note on Tuesday. National Bankshares upped their price objective on Centerra Gold from C$10.50 to C$11.00 in a report on Friday. Finally, National Bank Financial reaffirmed an “outperform overweight” rating on shares of Centerra Gold in a research report on Monday, April 8th. Seven research analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of C$10.57.
View Our Latest Analysis on Centerra Gold
Centerra Gold Trading Up 4.1 %
Centerra Gold (TSE:CG – Get Free Report) last announced its earnings results on Thursday, February 22nd. The company reported C$0.38 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.39 by C($0.01). The company had revenue of C$462.92 million for the quarter. Centerra Gold had a negative return on equity of 4.66% and a negative net margin of 7.42%. As a group, sell-side analysts expect that Centerra Gold will post 0.4058317 earnings per share for the current year.
Insider Activity
In other Centerra Gold news, Senior Officer Darren Millman sold 110,274 shares of the stock in a transaction on Friday, March 1st. The shares were sold at an average price of C$6.96, for a total transaction of C$766,955.67. Company insiders own 0.38% of the company’s stock.
About Centerra Gold
Centerra Gold Inc, a gold mining company, engages in the acquisition, exploration, development, and operation of gold and copper properties in North America, Turkey, and internationally. The company explores for gold, copper, and molybdenum deposits. Its flagship projects are the 100% owned Mount Milligan gold-copper mine located in British Columbia, Canada; and the Öksüt gold mine located in Turkey.
Further Reading
- Five stocks we like better than Centerra Gold
- 5 Top Rated Dividend Stocks to Consider
- Charles Schwab Fortifies its Uptrend on EPS Beat
- What is MarketRank™? How to Use it
- Lockheed Martin Stock Aims for a Fresh All-Time High
- REIT Stocks – Best REIT Stocks to Add to Your Portfolio Today
- Beyond the Halving: The Future of Bitcoin Mining Stocks
Receive News & Ratings for Centerra Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Centerra Gold and related companies with MarketBeat.com's FREE daily email newsletter.