Scotiabank analyst Ovais Habib raised the firm’s price target on Centerra Gold (CGAU) to $11 from $9 and keeps an Outperform rating on the shares. The firm has a positive outlook on the Gold & Precious Minerals sector, the analyst tells investors. The firm expects consolidation to continue into 2025, with heightened marketing & acquisition activity enabling companies to optimize their asset portfolios.
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Read More on CGAU:
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- Centerra Gold price target lowered to $5.50 from $6.50 at BofA
- Centerra Gold price target raised to C$13.50 from C$12 at Raymond James
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