Centrica PLC (LON:CNA)‘s stock had its “sell” rating restated by investment analysts at Deutsche Bank AG in a research note issued to investors on Friday. They currently have a GBX 160 ($2.08) price target on the integrated energy company’s stock. Deutsche Bank AG’s target price would suggest a potential downside of 20.63% from the stock’s current price.

A number of other research analysts have also issued reports on CNA. Macquarie lowered Centrica PLC to a “neutral” rating and set a GBX 220 ($2.86) price objective for the company. in a research report on Friday, April 21st. UBS AG lowered Centrica PLC to a “neutral” rating and reduced their price objective for the company from GBX 255 ($3.31) to GBX 215 ($2.79) in a research report on Monday, April 24th. Goldman Sachs Group, Inc. (The) restated a “sell” rating and set a GBX 194 ($2.52) price objective (down previously from GBX 214 ($2.78)) on shares of Centrica PLC in a research report on Wednesday, April 26th. Citigroup Inc. restated a “sell” rating and set a GBX 178 ($2.31) price objective on shares of Centrica PLC in a research report on Thursday, May 4th. Finally, Kepler Capital Markets restated a “reduce” rating and set a GBX 190 ($2.47) price objective on shares of Centrica PLC in a research report on Monday, May 8th. Six analysts have rated the stock with a sell rating, nine have issued a hold rating and three have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of GBX 209.35 ($2.72).

Shares of Centrica PLC (LON:CNA) traded down 1.27% during midday trading on Friday, hitting GBX 201.60. The company had a trading volume of 10,983,657 shares. The stock’s 50-day moving average price is GBX 202.68 and its 200-day moving average price is GBX 210.19. Centrica PLC has a 12 month low of GBX 119.71 and a 12 month high of GBX 239.40. The company’s market cap is GBX 11.06 billion.

COPYRIGHT VIOLATION NOTICE: This piece was originally published by American Banking News and is the sole property of of American Banking News. If you are accessing this piece on another site, it was illegally copied and reposted in violation of U.S. & international trademark and copyright legislation. The correct version of this piece can be viewed at https://www.americanbankingnews.com/2017/08/19/centrica-plc-cna-given-sell-rating-at-deutsche-bank-ag.html.

In related news, insider Margherita D. Valle bought 946 shares of the business’s stock in a transaction dated Monday, June 26th. The shares were bought at an average cost of GBX 209 ($2.71) per share, with a total value of £1,977.14 ($2,566.71). Also, insider Stephen Pusey bought 1,142 shares of the business’s stock in a transaction dated Thursday, August 17th. The shares were bought at an average cost of GBX 205 ($2.66) per share, for a total transaction of £2,341.10 ($3,039.21). In the last 90 days, insiders bought 4,249 shares of company stock valued at $873,544.

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.

Analyst Recommendations for Centrica PLC (LON:CNA)

Receive News & Ratings for Centrica PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Centrica PLC and related companies with MarketBeat.com's FREE daily email newsletter.