Centrica Stock Rating Reaffirmed by Deutsche Bank (CNA)
Centrica (LON:CNA)‘s stock had its “buy” rating reiterated by equities researchers at Deutsche Bank in a research report issued on Friday, Analyst Ratings Network reports. They currently have a GBX 430 ($6.72) target price on the stock. Deutsche Bank’s price objective suggests a potential upside of 8.64% from the stock’s previous close.
Shares of Centrica (LON:CNA) traded up 0.10% on Friday, hitting GBX 396.20. 4,036,761 shares of the company’s stock traded hands. The stock’s 50-day moving average is GBX 389.5 and its 200-day moving average is GBX 375.6. The company’s market cap is £20.527 billion.
A number of other firms have also recently commented on CNA. Analysts at Liberum Capital reiterated a “buy” rating on shares of Centrica (LON:CNA) in a research note to investors on Wednesday. They now have a GBX 440 ($6.88) price target on the stock. Separately, analysts at Goldman Sachs Group Inc. raised their price target on shares of Centrica (LON:CNA) from GBX 443 ($6.93) to GBX 456 ($7.13) in a research note to investors on Tuesday. They now have a “neutral” rating on the stock. Finally, analysts at BNP Paribas reiterated an “underperform” rating on shares of Centrica (LON:CNA) in a research note to investors on Thursday, September 5th. They now have a GBX 310 ($4.85) price target on the stock.
Five analysts have rated the stock with a sell rating, nine have assigned a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. The company currently has an average rating of “Hold” and an average target price of GBX 384.92 ($6.02).
Centrica plc is an integrated energy company. The Company operates in four segments: Downstream UK, Upstream UK, Storage UK and North America.
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