Centerra Gold Achieves Target Price Set by Analysts

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Centerra Gold Inc (Symbol: CGAU) shares have recently surpassed the average analyst 12-month target price of $18.97, trading at $19.52 per share. As of now, there are 11 analysts contributing to this average target, with a standard deviation of $4.43, indicating varying views on the stock’s potential. Notably, one analyst has set a target as low as $12.50, while another has proposed a high target of $25.20.

Current analyst breakdown includes 6 Strong Buy ratings, 1 Buy rating, 4 Hold ratings, and 1 Sell rating, maintaining an average rating of 2.0 out of 5, where 1 is Strong Buy and 5 is Strong Sell. Investment decisions regarding CGAU may need reassessment as its price exceeds the analysts’ average target, prompting discussions on future valuations.

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