Centrica PLC’s Underperform Rating Reaffirmed at Sanford C. Bernstein (CNA)
Centrica PLC (LON:CNA)‘s stock had its “underperform” rating reiterated by equities researchers at Sanford C. Bernstein in a research report issued on Wednesday. They currently have a GBX 300 ($5.09) price objective on the stock. Sanford C. Bernstein’s price target suggests a potential downside of 7.15% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Credit Suisse reiterated a “neutral” rating on shares of Centrica PLC in a research note on Wednesday. They now have a GBX 310 ($5.26) price target on the stock. Separately, 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. Finally, 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. Six investment analysts have rated the stock with a sell rating, eleven have issued a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. Centrica PLC has a consensus rating of “Hold” and an average target price of GBX 348.62 ($5.92).
Shares of Centrica PLC (LON:CNA) opened at 322.80 on Wednesday. Centrica PLC has a one year low of GBX 302.50 and a one year high of GBX 403.20. The stock has a 50-day moving average of GBX 328.7 and a 200-day moving average of GBX 328.4. The company’s market cap is £16.380 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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