Are Analysts Bearish Centerra Gold Inc. (TSE:CG) After Last Week?

February 15, 2018 - By Adrian Mccoy

 Are Analysts Bearish Centerra Gold Inc. (TSE:CG) After Last Week?
Investors sentiment decreased to 1.71 in 2017 Q3. Its down 0.07, from 1.78 in 2017Q2. It turned negative, as 17 investors sold Centerra Gold Inc. shares while 28 reduced holdings. 34 funds opened positions while 43 raised stakes. 33.48 million shares or 3.19% more from 32.44 million shares in 2017Q2 were reported.
One Trading L P holds 0.01% in Centerra Gold Inc. (TSE:CG) or 34,078 shares. Invesco owns 316,052 shares for 0% of their portfolio. Philadelphia Fincl Mgmt Of San Francisco Ltd Liability invested in 591,265 shares. Credit Suisse Ag has 204,300 shares for 0% of their portfolio. 35,225 were accumulated by Pinnacle Assocs Limited. 58,727 are owned by Geode Management Ltd Liability Corporation. Personal Cap Advsrs holds 10,000 shares. Citigroup has invested 0% in Centerra Gold Inc. (TSE:CG). Schafer Cullen Capital Inc accumulated 14,190 shares or 0% of the stock. Markel owns 797,000 shares or 0.37% of their US portfolio. Wade G W And holds 0.06% in Centerra Gold Inc. (TSE:CG) or 20,891 shares. Oppenheimer And accumulated 104,606 shares or 0.07% of the stock. Wealthtrust accumulated 700 shares or 0.01% of the stock. Edgemoor Inv Advsrs has invested 0.05% of its portfolio in Centerra Gold Inc. (TSE:CG). Whittier Trust has invested 0.04% in Centerra Gold Inc. (TSE:CG).

Centerra Gold Inc. (TSE:CG) Ratings Coverage

Among 8 analysts covering Centerra Gold Inc. (TSE:CG), 2 have Buy rating, 1 Sell and 5 Hold. Therefore 25% are positive. Centerra Gold Inc. had 45 analyst reports since July 29, 2015 according to SRatingsIntel. The stock of Centerra Gold Inc. (TSE:CG) has “Sector Perform” rating given on Thursday, January 7 by RBC Capital Markets. TD Securities maintained it with “Hold” rating and $7 target in Tuesday, January 24 report. The stock has “Sector Perform” rating by RBC Capital Markets on Monday, August 24. The stock of Centerra Gold Inc. (TSE:CG) earned “Underperform” rating by RBC Capital Markets on Friday, February 24. The firm has “Underperform” rating by RBC Capital Markets given on Wednesday, December 23. Scotia Capital maintained it with “Sector Perform” rating and $8 target in Tuesday, January 17 report. The firm earned “Sell” rating on Wednesday, August 19 by TheStreet. The firm has “Sector Perform” rating by IBC given on Wednesday, July 6. The firm has “Sector Perform” rating by National Bank Canada given on Friday, December 16. The company was maintained on Tuesday, January 17 by RBC Capital Markets. Below is a list of Centerra Gold Inc. (TSE:CG) latest ratings and price target changes.

01/11/2017 Broker: IBC Rating: Old Target: $9.50 New Target: $11.00 Target Down
29/09/2017 Broker: Canaccord Genuity Rating: Old Target: $7.00 New Target: $10.00 Target Down
15/09/2017 Broker: RBC Capital Markets Old Rating: Underperform New Rating: Sector Perform Old Target: $8.00 New Target: $10.00 Upgrade

The stock decreased 0.15% or $0.01 during the last trading session, reaching $6.59. About 238,933 shares traded. Centerra Gold Inc. (TSE:CG) has 0.00% since February 15, 2017 and is . It has underperformed by 16.70% the S&P500.

Centerra Gold Inc., a gold mining and exploration company, engages in the acquisition, exploration, development, and operation of gold properties in Asia, North America, and internationally. The company has market cap of $1.92 billion. The Company’s principal projects include Kumtor gold mine located in the Kyrgyz Republic; and the Mount Milligan mine located in Canada. It has a 13.29 P/E ratio. The firm also holds 100% interests in the Altan Tsagaan Ovoo exploration property located in Mongolia.

More notable recent Centerra Gold Inc. (TSE:CG) news were published by: Globenewswire.com which released: “Centerra Gold Reports Restart of Mill Processing Operations at Mt. Milligan” on February 05, 2018, also Marketwired.com with their article: “Centerra Gold Provides Update on Discussions with the Kyrgyz Government” published on September 06, 2017, Globenewswire.com published: “Centerra Gold 2017 Fourth Quarter and Year-End Results Conference Call and Webcast” on January 12, 2018. More interesting news about Centerra Gold Inc. (TSE:CG) were released by: Marketwatch.com and their article: “Centerra Gold Inc.” published on June 08, 2017 as well as Reuters.com‘s news article titled: “Centerra Gold to buy AuRico Metals in C$310 million deal” with publication date: November 07, 2017.

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