Centrica PLC’s (LON:CNA) “Neutral” Rating Reiterated at BNP Paribas

BNP Paribas reissued their neutral rating on shares of Centrica PLC (LON:CNA) in a report published on Friday morning. They currently have a GBX 210 ($2.74) price objective on the integrated energy company’s stock.

A number of other research analysts also recently issued reports on the stock. Deutsche Bank AG reiterated a sell rating and issued a GBX 160 ($2.09) price target on shares of Centrica PLC in a research note on Tuesday. J P Morgan Chase & Co reiterated a neutral rating and issued a GBX 205 ($2.68) price target on shares of Centrica PLC in a research note on Monday, July 10th. Goldman Sachs Group, Inc. (The) reiterated a sell rating and issued a GBX 174 ($2.27) price target on shares of Centrica PLC in a research note on Thursday, June 22nd. HSBC Holdings plc upgraded shares of Centrica PLC to a hold rating and lifted their price target for the stock from GBX 187 ($2.44) to GBX 202 ($2.64) in a research note on Thursday, June 22nd. Finally, Barclays PLC lifted their price target on shares of Centrica PLC from GBX 195 ($2.55) to GBX 215 ($2.81) and gave the stock an equal weight rating in a research note 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 stock. Centrica PLC has a consensus rating of Hold and an average price target of GBX 213.83 ($2.79).

Centrica PLC (CNA) traded down 0.87% during midday trading on Friday, hitting GBX 205.50. 12,996,820 shares of the stock traded hands. Centrica PLC has a 12-month low of GBX 119.71 and a 12-month high of GBX 248.39. The firm’s market cap is GBX 11.26 billion. The company’s 50-day moving average is GBX 203.21 and its 200 day moving average is GBX 214.17.

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In other news, insider Margherita D. Valle acquired 963 shares of the stock in a transaction that occurred on Thursday, May 25th. The shares were purchased 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 quarter, insiders purchased 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.

Analyst Recommendations for Centrica PLC (LON:CNA)

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