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.
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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.
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