Broker tips!!5 May 2021 13:27
For all Newbies!!
JEFFERIES RAISES CENTAMIN PRICE TARGET TO 175 (170) PENCE - 'BUY'
"Analysts at Bank of America upped their target price for shares of Centamin, highlighting to clients the group's multiple strengths.Among those were its balance sheet "strength", zero debt and rising net cash position.
BoA also highlighted management's focus on stabilising the miner's production profile and generating cash flow.
As a result, BoA raised its target price on the shares from 130.0p to 140.0p while reiterating its recommendation to 'buy'.