Centrica PLC Given “Buy” Rating at Whitman Howard (CNA)
Centrica PLC (LON:CNA)‘s stock had its “buy” rating reiterated by research analysts at Whitman Howard in a report released on Wednesday, American Banking News reports. They currently have a GBX 430 ($7.21) price target on the stock. Whitman Howard’s price objective indicates a potential upside of 36.77% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Centrica PLC in a research note on Wednesday. Separately, analysts at Citigroup Inc. cut their price target on shares of Centrica PLC from GBX 360 ($6.03) to GBX 340 ($5.70) in a research note on Wednesday. They now have a “neutral” rating on the stock. Finally, analysts at Deutsche Bank cut their price target on shares of Centrica PLC from GBX 315 ($5.28) to GBX 300 ($5.03) in a research note on Tuesday. They now have a “hold” rating on the stock. Five analysts have rated the stock with a sell rating, twelve have given a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of GBX 361.30 ($6.05).
Shares of Centrica PLC (LON:CNA) traded down 0.13% during mid-day trading on Wednesday, hitting GBX 314.00. The stock had a trading volume of 9,107,757 shares. Centrica PLC has a 1-year low of GBX 302.50 and a 1-year high of GBX 403.20. The stock’s 50-day moving average is GBX 323.1 and its 200-day moving average is GBX 354.1. The company’s market cap is £16.268 billion.
Centrica plc is an integrated energy company. Company operates in four segments: British Gas, Centrica Energy, Centrica Storage and Direct Energy.
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