Raymond James Maintains Outperform Rating for Centerra Gold: Here's What You Need To Know

Centerra Gold Inc. Common Shares +1.98%

Centerra Gold Inc. Common Shares

CGAU

6.19

+1.98%

Raymond James has decided to maintain its Outperform rating of Centerra Gold (NYSE:CGAU) and lower its price target from $12.00 to $11.00.

Shares of Centerra Gold are trading up 0.0% over the last 24 hours, at $6.09 per share.

A move to $11.00 would account for a 80.62% increase from the current share price.

About Centerra Gold

Centerra Gold Inc a gold mining and exploration company engaged in the operation, exploration, development, and acquisition of gold properties in Asia, North America, and other markets worldwide. The company manages its reportable operating segments by a combination of geographic location and products. The Kyrgyz Republic segment includes the operations of the Kumtor Gold Project. The Turkish segment represents the development of the OksUt Project. The North America Gold- Copper segment represents the operations of the Mount Milligan Mine. The North America Molybdenum segment includes the operations of the Langeloth processing facility and the care and maintenance activities of the Endako and Thompson Creek Mines.

About Analyst Ratings

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along with analyst success scores in Benzinga Pro.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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