The only 2 major brokers I know that cover this stock is GSJBW (they have a 40c 12 month target from memory)and Morgan Stanley(MS). MS have a 40c target as well with copper at $3.29/lb in 2011 reaching $3.53/lb in 2013. They also have a bull price target of 54c assuming copper peaking at $4.32/lb in 2013(amongst other things such as further exploration success)and a bear case target of 28c assuming copper peaks at $3.06/lb in 2012(amongst other things such as project construction is delayed.
CGG Price at posting:
32.0¢ Sentiment: LT Buy Disclosure: Held