BNP Paribas Reiterates “Neutral” Rating for Centrica PLC (CNA)
Centrica PLC (LON:CNA)‘s stock had its “neutral” rating reissued by BNP Paribas in a research note issued on Friday. They presently have a GBX 210 ($2.74) target price on the integrated energy company’s stock. BNP Paribas’ price target points to a potential upside of 1.30% from the company’s current price.
Several other equities research analysts have also recently issued reports on the company. Goldman Sachs Group, Inc. (The) reaffirmed a “sell” rating and issued a GBX 214 ($2.79) target price on shares of Centrica PLC in a report on Wednesday, March 29th. Deutsche Bank AG reaffirmed a “sell” rating and issued a GBX 180 ($2.35) target price on shares of Centrica PLC in a report on Friday, May 5th. Citigroup Inc. reissued a “sell” rating and set a GBX 178 ($2.32) price objective on shares of Centrica PLC in a research note on Thursday, May 4th. J P Morgan Chase & Co cut Centrica PLC to an “underweight” rating and reduced their price objective for the stock from GBX 265 ($3.46) to GBX 180 ($2.35) in a research note on Thursday, May 11th. Finally, Beaufort Securities reissued a “buy” rating on shares of Centrica PLC in a research note on Tuesday, May 9th. Five analysts have rated the stock with a sell rating, ten have given a hold rating and four have given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of GBX 213.83 ($2.79).
Centrica PLC (CNA) opened at 205.70 on Friday. Centrica PLC has a 12 month low of GBX 119.71 and a 12 month high of GBX 248.39. The stock’s 50 day moving average price is GBX 203.15 and its 200 day moving average price is GBX 214.24. The company’s market capitalization is GBX 11.27 billion.
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In other news, insider Margherita D. Valle purchased 963 shares of the stock in a transaction that occurred on Thursday, May 25th. The stock was purchased at an average price of GBX 206 ($2.69) per share, for a total transaction of £1,983.78 ($2,590.47). Insiders purchased 3,113 shares of company stock valued at $639,446 in the last quarter.
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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