Centrica PLC (CNA) Given Consensus Recommendation of “Hold” by Analysts
Shares of Centrica PLC (LON:CNA) have earned an average rating of “Hold” from the eighteen analysts that are currently covering the stock, Marketbeat.com reports. Five research analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have given a buy rating to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is GBX 208.35 ($2.77).
Several research analysts have weighed in on the company. J P Morgan Chase & Co reiterated a “neutral” rating and issued a GBX 205 ($2.72) target price on shares of Centrica PLC in a research note on Monday, July 10th. Deutsche Bank AG reiterated a “sell” rating and issued a GBX 160 ($2.13) target price on shares of Centrica PLC in a research note on Sunday, July 9th. BNP Paribas reiterated a “neutral” rating and issued a GBX 210 ($2.79) target price on shares of Centrica PLC in a research note on Friday, July 21st. HSBC Holdings plc upgraded Centrica PLC to a “hold” rating and lifted their target price for the company from GBX 187 ($2.48) to GBX 202 ($2.68) in a research note on Thursday, June 22nd. Finally, Goldman Sachs Group, Inc. (The) reiterated a “sell” rating and issued a GBX 174 ($2.31) target price on shares of Centrica PLC in a research note on Thursday, June 22nd.
Centrica PLC (LON CNA) traded down 0.41% during midday trading on Thursday, reaching GBX 172.00. The company’s stock had a trading volume of 10,140,208 shares. Centrica PLC has a 12-month low of GBX 119.71 and a 12-month high of GBX 236.90. The stock’s market cap is GBX 9.43 billion. The stock’s 50 day moving average is GBX 187.04 and its 200 day moving average is GBX 199.08.
The company also recently disclosed a dividend, which will be paid on Thursday, November 30th. Investors of record on Thursday, October 12th will be issued a dividend of GBX 3.60 ($0.05) per share. The ex-dividend date of this dividend is Thursday, October 12th. This represents a yield of 1.83%.
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In related news, insider Stephen Pusey purchased 1,142 shares of the business’s stock in a transaction dated Thursday, August 17th. The stock was bought at an average cost of GBX 205 ($2.72) per share, with a total value of £2,341.10 ($3,110.68). Also, insider Iain C. Conn purchased 100,000 shares of the business’s stock in a transaction dated Monday, October 9th. The stock was bought at an average cost of GBX 173 ($2.30) per share, with a total value of £173,000 ($229,869.78). Over the last three months, insiders bought 103,389 shares of company stock valued at $17,975,598.
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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