Centrica Given “Add” Rating at AlphaValue (CNA)
Centrica (LON:CNA)‘s stock had its “add” rating reaffirmed by equities researchers at AlphaValue in a research report issued on Thursday, Analyst Ratings Network.com reports. They currently have a GBX 433 ($6.99) price target on the stock. AlphaValue’s target price points to a potential upside of 17.03% from the stock’s previous close.
Centrica (LON:CNA) traded down 1.00% during mid-day trading on Thursday, hitting GBX 366.30. 8,282,267 shares of the company’s stock traded hands. Centrica has a 1-year low of GBX 308.80 and a 1-year high of GBX 403.20. The stock has a 50-day moving average of GBX 391.8 and a 200-day moving average of GBX 377.4. The company’s market cap is £18.978 billion.
A number of other analysts have also recently weighed in on CNA. Analysts at BNP Paribas reiterated an “underperform” rating on shares of Centrica (LON:CNA) in a research note to investors on Wednesday. They now have a GBX 310 ($5.00) price target on the stock. Separately, analysts at RBC Capital reiterated a “sector perform” rating on shares of Centrica (LON:CNA) in a research note to investors on Tuesday. They now have a GBX 400 ($6.45) price target on the stock. Finally, analysts at S&P Equity Research reiterated a “strong-buy” rating on shares of Centrica (LON:CNA) in a research note to investors on Thursday, September 26th. They now have a GBX 538 ($8.68) price target on the stock. Five research analysts have rated the stock with a sell rating, ten have assigned a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. Centrica has a consensus rating of “Hold” and a consensus target price of GBX 387.66 ($6.25).
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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