Centrica (LON:CNA)‘s stock had its “sell” rating restated by stock analysts at Deutsche Bank in a research note issued on Friday, January 12th. They presently have a GBX 125 ($1.76) price target on the integrated energy company’s stock. Deutsche Bank’s target price suggests a potential downside of 2.04% from the stock’s previous close.
Several other brokerages have also recently commented on CNA. Credit Suisse Group reaffirmed a “neutral” rating and issued a GBX 225 ($3.16) target price on shares of Centrica in a research report on Friday, September 22nd. dropped their price objective on Centrica from GBX 202 ($2.84) to GBX 190 ($2.67) and set a “hold” rating for the company in a research note on Thursday, October 5th. Kepler Capital Markets upgraded Centrica to a “buy” rating and set a GBX 190 ($2.67) price objective for the company in a research note on Thursday, November 16th. Macquarie restated a “neutral” rating and issued a GBX 180 ($2.53) target price on shares of Centrica in a research note on Thursday, October 26th. Finally, JPMorgan Chase & Co. restated a “neutral” rating and issued a GBX 205 ($2.88) target price on shares of Centrica in a research note on Tuesday, November 21st. Three research analysts have rated the stock with a sell rating, ten have assigned a hold rating and five have assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of GBX 187.59 ($2.63).
Shares of Centrica (CNA) opened at GBX 127.60 ($1.79) on Friday. The firm has a market capitalization of $7,200.00 and a P/E ratio of 1,276.00. Centrica has a 12-month low of GBX 119.71 ($1.68) and a 12-month high of GBX 236.50 ($3.32).
In other Centrica news, insider Margherita D. Valle acquired 1,443 shares of the business’s stock in a transaction dated Monday, November 27th. The shares were acquired at an average price of GBX 137 ($1.92) per share, for a total transaction of £1,976.91 ($2,776.17). Also, insider Stephen Pusey acquired 1,678 shares of the business’s stock in a transaction dated Monday, January 22nd. The shares were acquired at an average price of GBX 139 ($1.95) per share, for a total transaction of £2,332.42 ($3,275.41). In the last 90 days, insiders have acquired 104,771 shares of company stock worth $15,159,682.
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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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