Centrica PLC (LON:CNA)‘s stock had its “sell” rating reissued by stock analysts at Deutsche Bank AG in a note issued to investors on Tuesday. They presently have a GBX 160 ($2.09) target price on the integrated energy company’s stock. Deutsche Bank AG’s price target suggests a potential downside of 22.59% from the company’s previous close.
CNA has been the subject of several other research reports. Macquarie cut Centrica PLC to a “neutral” rating and set a GBX 220 ($2.87) target price for the company. in a research note on Friday, April 21st. Goldman Sachs Group, Inc. (The) reaffirmed a “sell” rating and set a GBX 194 ($2.53) target price (down from GBX 214 ($2.79)) on shares of Centrica PLC in a report on Wednesday, April 26th. Citigroup Inc. reaffirmed a “sell” rating and set a GBX 178 ($2.32) target price on shares of Centrica PLC in a report on Thursday, May 4th. Beaufort Securities reaffirmed a “buy” rating on shares of Centrica PLC in a report on Tuesday, May 9th. Finally, BNP Paribas reaffirmed a “neutral” rating and set a GBX 210 ($2.74) target price on shares of Centrica PLC in a report on Thursday, March 30th. Five investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of GBX 213.83 ($2.79).
Centrica PLC (CNA) opened at 207.50 on Tuesday. Centrica PLC has a 1-year low of GBX 119.71 and a 1-year high of GBX 248.39. The stock’s 50 day moving average price is GBX 203.04 and its 200 day moving average price is GBX 214.28. The firm’s market cap is GBX 11.37 billion.
In other news, insider Margherita D. Valle purchased 963 shares of the business’s stock in a transaction dated Thursday, May 25th. The shares were bought at an average cost of GBX 206 ($2.69) per share, for a total transaction of £1,983.78 ($2,590.47). Over the last 90 days, insiders bought 3,113 shares of company stock worth $639,446.
About Centrica PLC
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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