Centrica PLC (CNA) Receives “Reduce” Rating from Kepler Capital Markets

Kepler Capital Markets restated their reduce rating on shares of Centrica PLC (LON:CNA) in a research report released on Monday, May 15th, StockTargetPrices.com reports. They currently have a GBX 190 ($2.40) price target on the integrated energy company’s stock.

CNA has been the subject of several other reports. Citigroup Inc. restated a sell rating and issued a GBX 178 ($2.25) target price on shares of Centrica PLC in a research note on Thursday, May 4th. Goldman Sachs Group, Inc. (The) restated a sell rating and issued a GBX 194 ($2.45) target price on shares of Centrica PLC in a research note on Tuesday, May 9th. Credit Suisse Group downgraded shares of Centrica PLC to a neutral rating and decreased their target price for the company from GBX 255 ($3.23) to GBX 230 ($2.91) in a research note on Tuesday, March 7th. Jefferies Group LLC reaffirmed an underperform rating and issued a GBX 190 ($2.40) price target on shares of Centrica PLC in a report on Friday, March 17th. Finally, J P Morgan Chase & Co cut shares of Centrica PLC to an underweight rating and cut their price target for the company from GBX 265 ($3.35) to GBX 180 ($2.28) in a report on Thursday, May 11th. Seven research analysts have rated the stock with a sell rating, seven have given a hold rating and four have given a buy rating to the company’s stock. The company presently has an average rating of Hold and an average price target of GBX 211.41 ($2.67).

Shares of Centrica PLC (LON:CNA) traded up 0.40% during trading on Monday, reaching GBX 200.90. 39,367,214 shares of the company were exchanged. The stock’s market capitalization is GBX 11.01 billion. The firm has a 50-day moving average price of GBX 199.69 and a 200-day moving average price of GBX 217.01. Centrica PLC has a 1-year low of GBX 119.71 and a 1-year high of GBX 248.39.

ILLEGAL ACTIVITY WARNING: “Centrica PLC (CNA) Receives “Reduce” Rating from Kepler Capital Markets” was originally published by Transcript Daily and is owned by of Transcript Daily. If you are accessing this story on another domain, it was stolen and reposted in violation of US and international trademark & copyright laws. The original version of this story can be read at https://transcriptdaily.com/2017/06/17/kepler-capital-markets-reaffirms-reduce-rating-for-centrica-plc-cna-updated-updated-updated.html.

In related news, insider Margherita D. Valle acquired 981 shares of the stock in a transaction dated Tuesday, April 25th. The shares were acquired at an average price of GBX 202 ($2.56) per share, for a total transaction of £1,981.62 ($2,506.79). Also, insider Stephen Pusey acquired 1,083 shares of the stock in a transaction dated Friday, March 24th. The stock was bought at an average price of GBX 216 ($2.73) per share, for a total transaction of £2,339.28 ($2,959.24). In the last quarter, insiders have acquired 3,176 shares of company stock worth $660,490.

Centrica PLC 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.

Stock Target Prices

Receive News & Ratings for Centrica PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Centrica PLC and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply