Deutsche Bank AG restated their sell rating on shares of Centrica PLC (LON:CNA) in a research note issued to investors on Tuesday morning. They currently have a GBX 160 ($2.09) target price on the integrated energy company’s stock.
CNA has been the topic of a number of other reports. Citigroup Inc. reissued a sell rating and set a GBX 178 ($2.32) price objective on shares of Centrica PLC in a report on Thursday, May 4th. HSBC Holdings plc decreased their price objective on Centrica PLC from GBX 200 ($2.61) to GBX 187 ($2.44) and set a reduce rating on the stock in a report on Wednesday, June 14th. Goldman Sachs Group, Inc. (The) reissued a sell rating and set a GBX 194 ($2.53) price objective on shares of Centrica PLC in a report on Tuesday, May 9th. J P Morgan Chase & Co cut Centrica PLC to an underweight rating and decreased their price objective for the company from GBX 265 ($3.46) to GBX 180 ($2.35) in a report on Thursday, May 11th. Finally, Barclays PLC raised their price objective on Centrica PLC from GBX 195 ($2.55) to GBX 215 ($2.81) and gave the company an equal weight rating in a report on Monday, June 12th. Five investment analysts have rated the stock with a sell rating, ten have given a hold rating and four have issued a buy rating to the company’s stock. Centrica PLC presently has an average rating of Hold and an average target price of GBX 213.83 ($2.79).
Centrica PLC (CNA) opened at 206.10 on Tuesday. The firm’s market cap is GBX 11.29 billion. Centrica PLC has a 52 week low of GBX 119.71 and a 52 week high of GBX 248.39. The firm’s 50-day moving average price is GBX 203.15 and its 200 day moving average price is GBX 214.24.
In other news, insider Margherita D. Valle purchased 946 shares of the company’s stock in a transaction that occurred on Monday, June 26th. The shares were bought at an average cost of GBX 209 ($2.73) per share, for a total transaction of £1,977.14 ($2,581.80). Over the last quarter, insiders bought 3,113 shares of company stock worth $639,446.
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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