Centrica PLC Stock Rating Reaffirmed by RBC Capital (CNA)
Centrica PLC (LON:CNA)‘s stock had its “outperform” rating restated by investment analysts at RBC Capital in a note issued to investors on Friday. They currently have a GBX 360 ($6.13) price objective on the stock. RBC Capital’s target price would suggest a potential upside of 14.94% from the company’s current price.
A number of other firms have also recently commented on CNA. Analysts at Investec reiterated a “sell” rating on shares of Centrica PLC in a research note on Friday. They now have a GBX 300 ($5.11) price target on the stock. Separately, analysts at Citigroup Inc. cut their price target on shares of Centrica PLC from GBX 340 ($5.79) to GBX 310 ($5.28) in a research note on Tuesday. They now have a “neutral” rating on the stock. Finally, analysts at Goldman Sachs raised their price target on shares of Centrica PLC from GBX 359 ($6.11) to GBX 393 ($6.69) in a research note on Tuesday. They now have a “buy” rating on the stock. Six research 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 company. The stock has a consensus rating of “Hold” and an average target price of GBX 348.81 ($5.94).
Centrica PLC (LON:CNA) traded down 0.13% during mid-day trading on Friday, hitting GBX 312.80. 8,349,224 shares of the company’s stock traded hands. 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 326. and a 200-day moving average of GBX 327.5. The company’s market cap is £15.873 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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