Centrica (LON:CNA) had its price objective reduced by Jefferies Group from GBX 190 ($2.56) to GBX 155 ($2.09) in a research report released on Friday. They currently have a hold rating on the integrated energy company’s stock.
Several other equities analysts have also issued reports on CNA. restated a hold rating and set a GBX 190 ($2.56) price target on shares of Centrica in a research note on Monday, October 16th. Deutsche Bank restated a sell rating and set a GBX 160 ($2.15) price target on shares of Centrica in a research note on Thursday, October 12th. Credit Suisse Group restated a neutral rating and set a GBX 225 ($3.03) price target on shares of Centrica in a research note on Friday, September 22nd. Kepler Capital Markets upgraded Centrica to a buy rating and set a GBX 190 ($2.56) price target on the stock in a research note on Thursday, November 16th. Finally, Citigroup restated a neutral rating and set a GBX 145 ($1.95) price target on shares of Centrica in a research note on Friday, December 1st. Three investment analysts have rated the stock with a sell rating, eleven have given a hold rating and four have assigned a buy rating to the company’s stock. The company has a consensus rating of Hold and a consensus target price of GBX 190.82 ($2.57).
Centrica (LON CNA) traded down GBX 2.96 ($0.04) during trading on Friday, hitting GBX 144.10 ($1.94). The stock had a trading volume of 22,707,248 shares, compared to its average volume of 27,040,000. Centrica has a twelve month low of GBX 119.71 ($1.61) and a twelve month high of GBX 236.90 ($3.19).
In other Centrica news, insider Iain C. Conn bought 100,000 shares of Centrica stock in a transaction dated Monday, October 9th. The shares were acquired at an average cost of GBX 173 ($2.33) per share, with a total value of £173,000 ($232,839.84). Also, insider Margherita D. Valle bought 1,443 shares of Centrica stock in a transaction dated Monday, November 27th. The stock was acquired at an average cost of GBX 137 ($1.84) per share, for a total transaction of £1,976.91 ($2,660.71). Insiders bought a total of 103,910 shares of company stock worth $17,939,205 over the last three months.
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Centrica Company Profile
Centrica plc is an energy and services company. The Company’s segments include Energy Supply & Services-UK & Ireland, Energy Supply & Services-North America, Connected Home, Distributed Energy & Power, Energy Marketing & Trading, Exploration & Production, Central Power Generation and Centrica Storage.
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