Free Trial

Centerra Gold (CG) Stock Forecast & Price Target

C$9.59
-0.05 (-0.52%)
(As of 07/12/2024 ET)

Centerra Gold - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Consensus Price Target

C$11.29
17.77% Upside
High ForecastC$13.90
Average ForecastC$11.29
Low ForecastC$8.50
TypeCurrent Forecast
7/15/23 to 7/14/24
1 Month Ago
6/15/23 to 6/14/24
3 Months Ago
4/16/23 to 4/15/24
1 Year Ago
7/15/22 to 7/15/23
Consensus Rating
Moderate Buy
Buy
Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
5 Buy rating(s)
6 Buy rating(s)
7 Buy rating(s)
5 Buy rating(s)
Hold
2 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
1 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetC$11.29C$11.07C$10.36C$9.91
Forecasted Upside17.77% Upside37.76% Upside36.99% Upside28.70% Upside
Get Centerra Gold Upgrade and Downgrade Alerts

Sign-up to receive the latest news and ratings for CG and its competitors with MarketBeat's FREE daily newsletter.

CG Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Skip Chart & View Analyst Rating History

CG Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Centerra Gold Stock vs. The Competition

TypeCenterra GoldBasic Materials Companies
Consensus Rating Score
2.71
2.62
Consensus RatingModerate BuyModerate Buy
News Sentiment RatingNegative News
Neutral News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/10/2024Cibc World Mkts
Subscribe to MarketBeat All Access for the recommendation accuracy rating
A. Soni
Subscribe to MarketBeat All Access for the recommendation accuracy rating
DowngradeStrong-Buy ➝ Hold
7/10/2024CIBC
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeOutperform ➝ NeutralC$11.00 ➝ C$13.00+41.92%
6/10/2024National Bankshares
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOutperformC$11.25 ➝ C$12.00+28.21%
5/15/2024Cormark
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetC$13.00 ➝ C$13.90+51.25%
4/23/2024Canaccord Genuity Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetC$10.75 ➝ C$11.00+28.50%
4/23/2024Raymond James
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetC$11.50 ➝ C$12.50+46.03%
4/9/2024Bank of America
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetC$7.55 ➝ C$8.50+2.66%
4/8/2024National Bank Financial
Subscribe to MarketBeat All Access for the recommendation accuracy rating
M. Parkin
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Reiterated RatingOutperform Overweight
2/21/2024BMO Capital Markets
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Set TargetOutperformC$10.00+44.30%
1/9/2024Desjardins
Subscribe to MarketBeat All Access for the recommendation accuracy rating
J. Sclodnick
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Lower TargetBuyC$12.00 ➝ C$11.75+59.21%
8/17/2023CSFB
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetC$8.50 ➝ C$9.00+19.84%
6/1/2023TD Securities
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 UpgradeHold ➝ BuyC$8.50 ➝ C$11.00+29.41%
10/13/2022Credit Suisse Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetC$7.50+18.11%
8/11/2022Royal Bank of Canada
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetOutperformC$15.00 ➝ C$11.00+70.54%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 09:44 AM ET.

CG Forecast - Frequently Asked Questions

What is Centerra Gold's forecast for 2024?

According to the research reports of 7 Wall Street equities research analysts, the average twelve-month stock price forecast for Centerra Gold is C$11.29, with a high forecast of C$13.90 and a low forecast of C$8.50.

Should I buy or sell Centerra Gold stock right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Centerra Gold in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" CG shares.

Does Centerra Gold's stock price have much upside?

According to analysts, Centerra Gold's stock has a predicted upside of 37.19% based on their 12-month stock forecasts.

Has Centerra Gold been downgraded by Wall Street analysts recently?

Over the previous 90 days, Centerra Gold's stock had 2 downgrades by analysts.

What analysts cover Centerra Gold?

Centerra Gold has been rated by research analysts at Canaccord Genuity Group, CIBC, Cibc World Mkts, Cormark, National Bankshares, and Raymond James in the past 90 days.

Do Wall Street analysts like Centerra Gold more than its competitors?

Analysts like Centerra Gold more than other "basic materials" companies. The consensus rating score for Centerra Gold is 2.71 while the average consensus rating score for "basic materials" companies is 2.62. Learn more on how CG compares to other companies.


This page (TSE:CG) was last updated on 7/14/2024 by MarketBeat.com Staff

From Our Partners