Centrica PLC (CNA) Given “Sell” Rating at Deutsche Bank AG

Deutsche Bank AG restated their sell rating on shares of Centrica PLC (LON:CNA) in a research note released on Monday, July 24th, MarketBeat.com reports. They currently have a GBX 160 ($2.11) target price on the integrated energy company’s stock.

CNA has been the topic of several other research reports. Citigroup Inc. reiterated a sell rating and issued a GBX 178 ($2.35) price target on shares of Centrica PLC in a report on Thursday, May 4th. HSBC Holdings plc decreased their price target on Centrica PLC from GBX 200 ($2.64) to GBX 187 ($2.47) and set a reduce rating on the stock in a report on Wednesday, June 14th. Goldman Sachs Group, Inc. (The) reiterated a sell rating and issued a GBX 194 ($2.56) price target 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 target for the company from GBX 265 ($3.50) to GBX 180 ($2.37) in a report on Thursday, May 11th. Finally, Barclays PLC raised their price target on Centrica PLC from GBX 195 ($2.57) to GBX 215 ($2.84) and gave the company an equal weight rating in a report on Monday, June 12th. Six investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have assigned a buy rating to the company’s stock. Centrica PLC has an average rating of Hold and an average target price of GBX 209.39 ($2.76).

Shares of Centrica PLC (LON:CNA) opened at 199.70 on Monday. Centrica PLC has a 12 month low of GBX 119.71 and a 12 month high of GBX 248.39. The company’s market capitalization is GBX 10.95 billion. The firm has a 50-day moving average of GBX 203.87 and a 200 day moving average of GBX 212.29.

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In other Centrica PLC news, insider Margherita D. Valle purchased 946 shares of the company’s stock in a transaction dated Monday, June 26th. The shares were bought at an average price of GBX 209 ($2.76) per share, with a total value of £1,977.14 ($2,608.02). In the last ninety days, insiders have bought 3,107 shares of company stock worth $639,434.

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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