Deutsche Bank restated their sell rating on shares of Centrica (LON:CNA) in a research report report published on Friday. The brokerage currently has a GBX 125 ($1.70) target price on the integrated energy company’s stock.
Other equities research analysts also recently issued reports about the stock. Kepler Capital Markets raised shares of Centrica to a buy rating and set a GBX 190 ($2.58) target price on the stock in a research note on Thursday, November 16th. Jefferies Group cut their target price on shares of Centrica from GBX 190 ($2.58) to GBX 155 ($2.10) and set a hold rating on the stock in a research note on Friday, December 8th. cut their target price on shares of Centrica from GBX 202 ($2.74) to GBX 190 ($2.58) and set a hold rating on the stock in a research note on Thursday, October 5th. JPMorgan Chase & Co. reaffirmed a neutral rating and set a GBX 205 ($2.78) target price on shares of Centrica in a research note on Tuesday, November 21st. Finally, Credit Suisse Group reaffirmed a neutral rating and set a GBX 225 ($3.05) target price on shares of Centrica in a research note on Wednesday, November 8th. Three equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and five have given a buy rating to the company. The company presently has a consensus rating of Hold and a consensus price target of GBX 187.59 ($2.54).
Shares of Centrica (CNA) traded up GBX 1.70 ($0.02) on Friday, reaching GBX 143.15 ($1.94). 40,256,367 shares of the company traded hands, compared to its average volume of 19,860,000. Centrica has a 1 year low of GBX 119.71 ($1.62) and a 1 year high of GBX 236.50 ($3.21). The stock has a market cap of $8,020.00 and a P/E ratio of 1,431.50.
In other Centrica news, insider Iain C. Conn purchased 100,000 shares of the firm’s stock in a transaction that occurred 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). Also, insider Margherita D. Valle purchased 1,443 shares of the firm’s stock in a transaction that occurred on Monday, November 27th. The shares were acquired at an average price of GBX 137 ($1.86) per share, with a total value of £1,976.91 ($2,680.92). In the last quarter, insiders have purchased 104,334 shares of company stock valued at $15,139,536.
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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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