Centrica PLC Given “Neutral” Rating at Credit Suisse (CNA)
Centrica PLC (LON:CNA)‘s stock had its “neutral” rating restated by equities researchers at Credit Suisse in a research report issued on Wednesday. They currently have a GBX 310 ($5.26) price objective on the stock. Credit Suisse’s price objective would suggest a potential downside of 4.05% from the company’s current price.
A number of other analysts have also recently weighed in on CNA. Analysts at Investec downgraded shares of Centrica PLC to a “sell” rating in a research note on Friday, June 13th. They now have a GBX 300 ($5.09) price target on the stock. Separately, analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Centrica PLC in a research note on Friday, June 13th. They now have a GBX 340 ($5.77) price target on the stock. Finally, analysts at Deutsche Bank reiterated a “hold” rating on shares of Centrica PLC in a research note on Wednesday, June 11th. They now have a GBX 290 ($4.92) price target on the stock. Six investment analysts have rated the stock with a sell rating, eleven have issued a hold rating, six have assigned a buy rating and one has given a strong buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of GBX 348.62 ($5.92).
Centrica PLC (LON:CNA) traded down 0.87% on Wednesday, hitting GBX 320.30. The stock had a trading volume of 9,159,907 shares. Centrica PLC has a 52 week low of GBX 302.50 and a 52 week high of GBX 403.20. The stock’s 50-day moving average is GBX 328.7 and its 200-day moving average is GBX 328.4. The company’s market cap is £16.253 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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