Centrica PT Lowered to GBX 381 (CNA)
Equities researchers at Goldman Sachs lowered their price target on shares of Centrica (LON:CNA) from GBX 423 ($6.94) to GBX 381 ($6.25) in a research report issued on Wednesday, Stock Ratings Network.com reports. The firm currently has a “buy” rating on the stock. Goldman Sachs’ price target suggests a potential upside of 20.99% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at RBC Capital reiterated an “outperform” rating on shares of Centrica in a research note on Monday. They now have a GBX 360 ($5.91) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “hold” rating on shares of Centrica in a research note on Monday. They now have a GBX 315 ($5.17) price target on the stock. Finally, analysts at Societe Generale reiterated a “hold” rating on shares of Centrica in a research note on Monday, February 3rd. They now have a GBX 315 ($5.17) price target on the stock. Five analysts have rated the stock with a sell rating, twelve have assigned a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. Centrica has a consensus rating of “Hold” and a consensus target price of GBX 360.77 ($5.92).
Shares of Centrica (LON:CNA) traded up 0.51% during mid-day trading on Wednesday, hitting GBX 314.40. The stock had a trading volume of 12,062,617 shares. Centrica has a 1-year low of GBX 302.50 and a 1-year high of GBX 403.20. The stock has a 50-day moving average of GBX 327.0 and a 200-day moving average of GBX 356.5. The company’s market cap is £16.289 billion.
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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