CIBC Raises its Price Target on Centerra Gold Inc. (CGAU) to C$37 and Reiterates an Outperformer Rating

Core Viewpoint - Centerra Gold Inc. (NYSE:CGAU) is recognized as one of the best mining stocks to buy according to Wall Street, with multiple analysts raising their price targets due to favorable market conditions for precious metals [1][6]. Price Target Adjustments - CIBC analyst Luke Bertozzi raised the price target on Centerra Gold Inc. to C$37 from C$30, maintaining an Outperformer rating, driven by increased gold price assumptions to $6,000 per ounce in 2026 and $6,500 in 2027 [2]. - Scotiabank increased its price target for Centerra Gold Inc. to $19 from $13.50, also maintaining an Outperform rating, citing higher gold and silver price assumptions due to macroeconomic uncertainty and ongoing central bank purchases [3]. - Canaccord raised its price target on Centerra Gold Inc. to C$36 from C$31, reiterating a Buy rating, reflecting a positive outlook on precious metals pricing and the company's asset base [3]. Company Operations - Centerra Gold Inc. focuses on the acquisition, exploration, development, and operation of gold and copper assets across North America, Türkiye, and other international markets, with core operations including the Mount Milligan gold-copper mine in British Columbia and the Öksüt gold mine in Türkiye [4].