BNP Paribas Reiterates “Underperform” Rating for Centrica (CNA)
Centrica (LON:CNA)‘s stock had its “underperform” rating restated by analysts at BNP Paribas in a research report issued to clients and investors on Monday, AR Network reports. They currently have a GBX 310 ($5.11) price objective on the stock. BNP Paribas’ price target would indicate a potential downside of 4.97% from the stock’s previous close.
Centrica (LON:CNA) traded down 1.30% during mid-day trading on Monday, hitting GBX 326.20. The stock had a trading volume of 9,477,601 shares. Centrica has a one year low of GBX 320.60 and a one year high of GBX 403.20. The stock’s 50-day moving average is GBX 336.1 and its 200-day moving average is GBX 365.0. The company’s market cap is £16.900 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Raymond James reiterated an “underperform” rating on shares of Centrica in a research note to investors on Thursday. They now have a GBX 312 ($5.14) price target on the stock. Separately, analysts at RBC Capital reiterated a “sector performer” rating on shares of Centrica in a research note to investors on Tuesday, January 7th. They now have a GBX 400 ($6.59) price target on the stock. Finally, analysts at Deutsche Bank reiterated a “hold” rating on shares of Centrica in a research note to investors on Tuesday, January 7th. They now have a GBX 315 ($5.19) price target on the stock. Four research analysts have rated the stock with a sell rating, fourteen have issued a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of GBX 368.56 ($6.07).
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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