Centrica Rating Reiterated by AlphaValue (CNA)
Centrica (LON:CNA)‘s stock had its “add” rating reaffirmed by stock analysts at AlphaValue in a report issued on Thursday, Stock Ratings Network reports. They currently have a GBX 439 ($7.01) price objective on the stock. AlphaValue’s price objective indicates a potential upside of 20.14% from the company’s current price.
Centrica (LON:CNA) traded down 0.30% during mid-day trading on Thursday, hitting GBX 364.30. The stock had a trading volume of 10,852,317 shares. Centrica has a one year low of GBX 308.80 and a one 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 £18.874 billion.
Several other analysts have also recently commented on the stock. Analysts at HSBC downgraded shares of Centrica from an “overweight” rating to a “neutral” rating in a research note to investors on Monday. They now have a GBX 400 ($6.39) price target on the stock, down previously from GBX 440 ($7.02). Separately, analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Centrica in a research note to investors on Monday, October 7th. They now have a GBX 390 ($6.23) price target on the stock. Finally, 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 ($4.95) price target on the stock. Five research analysts have rated the stock with a sell rating, twelve have assigned a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of GBX 385.96 ($6.16).
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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