Citigroup Inc. Reiterates “Neutral” Rating for Centrica (CNA)
Centrica (LON:CNA)‘s stock had its “neutral” rating reaffirmed by equities researchers at Citigroup Inc. in a research report issued on Monday, StockRatingsNetwork reports. They currently have a GBX 390 ($6.26) price target on the stock. Citigroup Inc.’s price target indicates a potential upside of 6.67% from the company’s current price.
Shares of Centrica (LON:CNA) traded down 0.11% on Monday, hitting GBX 365.60. 6,711,312 shares of the company’s stock traded hands. Centrica has a 52 week low of GBX 308.80 and a 52 week high of GBX 403.20. The stock’s 50-day moving average is GBX 391.8 and its 200-day moving average is GBX 377.4. The company’s market cap is £18.942 billion.
A number of other firms have also recently commented on CNA. Analysts at AlphaValue reiterated an “add” rating on shares of Centrica in a research note to investors on Thursday. They now have a GBX 433 ($6.95) price target on the stock. Separately, analysts at BNP Paribas reiterated an “underperform” rating on shares of Centrica in a research note to investors on Wednesday, October 2nd. They now have a GBX 310 ($4.97) price target on the stock. Finally, analysts at RBC Capital reiterated a “sector perform” rating on shares of Centrica in a research note to investors on Tuesday, October 1st. They now have a GBX 400 ($6.42) price target on the stock. Five investment analysts have rated the stock with a sell rating, ten have issued a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of GBX 387.66 ($6.22).
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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