Centrica PLC’s (CNA) “Sell” Rating Reiterated at Deutsche Bank AG
Centrica PLC (LON:CNA)‘s stock had its “sell” rating reiterated by equities research analysts at Deutsche Bank AG in a research note issued on Friday.
A number of other analysts also recently issued reports on CNA. Kepler Capital Markets reissued a “reduce” rating and set a GBX 190 ($2.47) price target on shares of Centrica PLC in a report on Monday, May 15th. Macquarie reissued a “neutral” rating and set a GBX 220 ($2.86) price target on shares of Centrica PLC in a report on Friday, May 19th. Goldman Sachs Group Inc lowered their price target on shares of Centrica PLC from GBX 194 ($2.52) to GBX 174 ($2.26) and set a “sell” rating on the stock in a report on Wednesday, May 17th. Jefferies Group LLC reissued an “underperform” rating and set a GBX 190 ($2.47) price target on shares of Centrica PLC in a report on Friday, March 3rd. Finally, Sanford C. Bernstein reissued an “outperform” rating and set a GBX 300 ($3.90) price target on shares of Centrica PLC in a report on Thursday, February 9th. Seven analysts have rated the stock with a sell rating, seven have issued a hold rating and four have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of GBX 216 ($2.81).
Shares of Centrica PLC (LON:CNA) traded down 1.22% during mid-day trading on Friday, hitting GBX 203.20. 19,313,867 shares of the stock traded hands. The stock’s market cap is GBX 11.13 billion. The firm has a 50 day moving average of GBX 204.23 and a 200 day moving average of GBX 217.36. Centrica PLC has a 12 month low of GBX 119.71 and a 12 month high of GBX 248.39.
In related news, insider Stephen Pusey acquired 1,083 shares of the firm’s stock in a transaction on Friday, March 24th. The shares were acquired at an average cost of GBX 216 ($2.81) per share, with a total value of £2,339.28 ($3,043.16). Also, insider Margherita D. Valle acquired 981 shares of the firm’s stock in a transaction on Tuesday, April 25th. The shares were bought at an average cost of GBX 202 ($2.63) per share, for a total transaction of £1,981.62 ($2,577.88). Over the last ninety days, insiders have acquired 3,168 shares of company stock worth $660,318.
About Centrica PLC
Centrica plc is an energy and services company. The Company’s segments include Energy Supply & Services-UK & Ireland, Energy Supply & Services-North America, Connected Home, Distributed Energy & Power, Energy Marketing & Trading, Exploration & Production, Central Power Generation and Centrica Storage.
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