Centrica PLC PT Raised to GBX 393 (CNA)
Equities research analysts at Goldman Sachs increased their price target on shares of Centrica PLC (LON:CNA) from GBX 359 ($6.11) to GBX 393 ($6.69) in a research note issued to investors on Tuesday. The firm currently has a “buy” rating on the stock. Goldman Sachs’ target price would indicate a potential upside of 23.43% from the company’s current price.
Shares of Centrica PLC (LON:CNA) traded down 0.19% on Tuesday, hitting GBX 318.40. The stock had a trading volume of 6,625,943 shares. Centrica PLC has a 52 week low of GBX 302.50 and a 52 week high of GBX 403.20. The stock has a 50-day moving average of GBX 327.2 and a 200-day moving average of GBX 327.8. The company’s market cap is £16.157 billion.
A number of other firms have also recently commented on CNA. Analysts at BNP Paribas reiterated an “underperform” rating on shares of Centrica PLC in a research note on Monday. They now have a GBX 310 ($5.28) price target on the stock. Separately, analysts at Sanford C. Bernstein reiterated an “underperform” rating on shares of Centrica PLC in a research note on Wednesday, June 18th. They now have a GBX 300 ($5.11) price target on the stock. Finally, analysts at Credit Suisse reiterated a “neutral” rating on shares of Centrica PLC in a research note on Wednesday, June 18th. They now have a GBX 310 ($5.28) price target on the stock. Six investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of GBX 348.81 ($5.94).
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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