Deutsche Bank reissued their sell rating on shares of Centrica (LON:CNA) in a research note published on Friday. They currently have a GBX 125 ($1.70) price target on the integrated energy company’s stock.
A number of other research analysts have also recently weighed in on CNA. Credit Suisse Group raised shares of Centrica to an outperform rating and set a GBX 170 ($2.31) price objective for the company in a report on Friday, January 5th. reaffirmed a hold rating and issued a GBX 190 ($2.58) price objective on shares of Centrica in a report on Monday, October 16th. Royal Bank of Canada cut their price objective on shares of Centrica from GBX 210 ($2.85) to GBX 150 ($2.03) and set a sector performer rating for the company in a report on Tuesday, November 28th. JPMorgan Chase & Co. reaffirmed a neutral rating and issued a GBX 150 ($2.03) price objective on shares of Centrica in a report on Thursday, December 7th. Finally, Jefferies Group cut their price objective on shares of Centrica from GBX 190 ($2.58) to GBX 155 ($2.10) and set a hold rating for the company in a report on Friday, December 8th. Three investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and five have assigned a buy rating to the company. The stock has a consensus rating of Hold and an average price target of GBX 187.59 ($2.54).
Centrica (LON CNA) traded up GBX 1.70 ($0.02) on Friday, reaching GBX 143.15 ($1.94). 40,256,367 shares of the company’s stock were exchanged, compared to its average volume of 19,860,000. Centrica has a one year low of GBX 119.71 ($1.62) and a one year high of GBX 236.50 ($3.21). The stock has a market capitalization of $8,020.00 and a PE ratio of 1,431.50.
In other news, insider Margherita D. Valle bought 1,152 shares of the firm’s stock in a transaction on Wednesday, October 25th. The shares were bought at an average cost of GBX 172 ($2.33) per share, for a total transaction of £1,981.44 ($2,687.06). Also, insider Iain C. Conn bought 100,000 shares of the firm’s stock in a transaction on Tuesday, December 12th. The stock was purchased at an average price of GBX 145 ($1.97) per share, for a total transaction of £145,000 ($196,636.83). Insiders acquired a total of 104,334 shares of company stock worth $15,139,536 over the last quarter.
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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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