Centrica PLC’s (CNA) Sell Rating Reiterated at Deutsche Bank AG

Deutsche Bank AG restated their sell rating on shares of Centrica PLC (LON:CNA) in a research note published on Wednesday. The firm currently has a GBX 160 ($2.10) price target on the integrated energy company’s stock.

Other equities analysts have also recently issued reports about the stock. HSBC Holdings plc restated a hold rating and set a GBX 190 ($2.50) price objective on shares of Centrica PLC in a research report on Monday, October 16th. Credit Suisse Group reiterated a neutral rating and issued a GBX 225 ($2.96) target price on shares of Centrica PLC in a research report on Friday, September 22nd. BNP Paribas reiterated a neutral rating and issued a GBX 210 ($2.76) target price on shares of Centrica PLC in a research report on Friday, July 21st. Macquarie reiterated a neutral rating and issued a GBX 180 ($2.37) target price on shares of Centrica PLC in a research report on Thursday, October 26th. Finally, Investec reiterated a sell rating and issued a GBX 180 ($2.37) target price on shares of Centrica PLC in a research report on Thursday, August 3rd. Five research 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. The company currently has a consensus rating of Hold and an average target price of GBX 206 ($2.71).

Centrica PLC (LON CNA) traded down GBX 0.90 ($0.01) during trading hours on Wednesday, reaching GBX 167.20 ($2.20). 17,433,348 shares of the company’s stock were exchanged, compared to its average volume of 23,870,000. Centrica PLC has a 52 week low of GBX 119.71 ($1.57) and a 52 week high of GBX 236.90 ($3.12).

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In other news, insider Iain C. Conn acquired 100,000 shares of the business’s stock in a transaction that occurred on Monday, October 9th. The stock was purchased at an average cost of GBX 173 ($2.28) per share, for a total transaction of £173,000 ($227,541.76). Also, insider Stephen Pusey acquired 1,142 shares of the business’s stock in a transaction that occurred on Thursday, August 17th. The shares were purchased at an average price of GBX 205 ($2.70) per share, with a total value of £2,341.10 ($3,079.18). Over the last 90 days, insiders have purchased 103,580 shares of company stock valued at $17,975,544.

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.

Analyst Recommendations for Centrica PLC (LON:CNA)

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