Centrica PLC’s “Underperform” Rating Reaffirmed at Raymond James (CNA)
Centrica PLC (LON:CNA)‘s stock had its “underperform” rating reiterated by stock analysts at Raymond James in a report issued on Friday. They currently have a GBX 292 ($4.85) target price on the stock. Raymond James’ price target would suggest a potential downside of 9.71% from the company’s current price.
Shares of Centrica PLC (LON:CNA) opened at 323.70 on Friday. 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 313.9 and a 200-day moving average of GBX 323.. The company’s market cap is £16.357 billion.
The company also recently announced a dividend, which is scheduled for Wednesday, November 12th. Shareholders of record on Wednesday, September 24th will be paid a dividend of GBX 5.10 ($0.08) per share. This represents a dividend yield of 1.65%. The ex-dividend date is Wednesday, September 24th.
A number of other analysts have also recently weighed in on CNA. Analysts at Macquarie reiterated a “neutral” rating on shares of Centrica PLC in a research note on Thursday. They now have a GBX 325 ($5.39) price target on the stock. Separately, analysts at Liberum Capital reiterated a “buy” rating on shares of Centrica PLC in a research note on Thursday. They now have a GBX 350 ($5.81) price target on the stock. Finally, analysts at Sanford C. Bernstein reiterated an “underperform” rating on shares of Centrica PLC in a research note on Monday. They now have a GBX 300 ($4.98) price target on the stock. Six research analysts have rated the stock with a sell rating, ten have issued a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. Centrica PLC currently has a consensus rating of “Hold” and a consensus target price of GBX 342.48 ($5.68).
Centrica plc is an integrated energy company. The Company operates in four segments: British Gas, Centrica Energy, Centrica Storage and Direct Energy.
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