Centrica PLC (CNA) Given Average Rating of “Hold” by Brokerages
Centrica PLC (LON:CNA) has been assigned a consensus rating of “Hold” from the eighteen brokerages that are covering the firm, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and four have given a buy rating to the company. The average 12 month target price among brokerages that have covered the stock in the last year is GBX 213.76 ($2.77).
Several equities analysts recently issued reports on CNA shares. Deutsche Bank AG restated a “sell” rating and issued a GBX 160 ($2.07) target price on shares of Centrica PLC in a report on Sunday. J P Morgan Chase & Co restated a “neutral” rating and issued a GBX 205 ($2.66) target price on shares of Centrica PLC in a report on Monday. Morgan Stanley dropped their price objective on shares of Centrica PLC from GBX 215 ($2.78) to GBX 200 ($2.59) and set an “equal weight” rating on the stock in a report on Wednesday, June 7th. Barclays PLC upped their price objective on shares of Centrica PLC from GBX 195 ($2.53) to GBX 215 ($2.78) and gave the company an “equal weight” rating in a report on Monday, June 12th. Finally, Kepler Capital Markets reiterated a “reduce” rating and set a GBX 190 ($2.46) price objective on shares of Centrica PLC in a report on Monday, May 15th.
In other news, insider Margherita D. Valle purchased 981 shares of the stock in a transaction on Tuesday, April 25th. The shares were acquired at an average price of GBX 202 ($2.62) per share, with a total value of £1,981.62 ($2,566.87). Insiders have acquired 3,113 shares of company stock worth $639,446 in the last ninety days.
Centrica PLC (CNA) opened at 203.70 on Tuesday. The firm’s market cap is GBX 11.16 billion. The stock has a 50 day moving average price of GBX 201.04 and a 200-day moving average price of GBX 216.59. Centrica PLC has a 1-year low of GBX 119.71 and a 1-year high of GBX 248.39.
Centrica PLC Company Profile
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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