National Bank Financial upgraded shares of Centerra Gold (TSE:CG) from a sec perform spec market wgt rating to an outperform spec market weight rating in a report released on Monday, April 9th. National Bank Financial also issued estimates for Centerra Gold’s Q1 2018 earnings at $0.01 EPS.
Other equities research analysts have also issued research reports about the company. Canaccord Genuity reduced their price target on Centerra Gold from C$8.50 to C$7.00 in a research report on Friday, January 19th. CIBC boosted their price objective on Centerra Gold from C$9.00 to C$11.00 in a research note on Thursday, December 14th. BMO Capital Markets set a C$9.50 price objective on Centerra Gold and gave the company a market perform rating in a research note on Friday, December 29th. TD Securities dropped their price objective on Centerra Gold from C$9.50 to C$8.00 and set a hold rating on the stock in a research note on Thursday, December 28th. Finally, Royal Bank of Canada dropped their price objective on Centerra Gold from C$10.00 to C$8.00 and set a sector perform rating on the stock in a research note on Tuesday, January 9th. Two equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company currently has an average rating of Buy and a consensus price target of C$9.00.
TSE CG opened at C$7.92 on Monday. Centerra Gold has a 12 month low of C$5.90 and a 12 month high of C$9.35.
In other Centerra Gold news, insider Scott Graeme Perry acquired 6,800 shares of the company’s stock in a transaction dated Tuesday, March 20th. The shares were bought at an average cost of C$7.14 per share, with a total value of C$48,552.00.
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About Centerra Gold
Centerra Gold Inc, a gold mining and exploration company, engages in the acquisition, exploration, development, and operation of gold and copper properties in North America, Asia, and internationally. Its principal projects include Kumtor gold mine located in the Kyrgyz Republic; and the Mount Milligan gold-copper mine located in British Columbia, Canada.
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