Centrica PLC Receives Hold Rating from Deutsche Bank (CNA)
Centrica PLC (LON:CNA)‘s stock had its “hold” rating reiterated by Deutsche Bank in a research note issued on Monday. They currently have a GBX 290 ($4.94) price target on the stock. Deutsche Bank’s price objective would suggest a potential downside of 7.29% from the company’s current price.
Centrica PLC (LON:CNA) traded down 0.06% on Monday, hitting GBX 312.60. 2,596,686 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’s 50-day moving average is GBX 326. and its 200-day moving average is GBX 327.5. The company’s market cap is £15.863 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at RBC Capital reiterated an “outperform” rating on shares of Centrica PLC in a research note on Friday. They now have a GBX 360 ($6.13) price target on the stock. Separately, 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. Finally, 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, June 24th. They now have a “neutral” rating on the stock. Six investment analysts have rated the stock with a sell rating, eleven have given a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price 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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