Centrica PLC’s (CNA) Buy Rating Reiterated at Kepler Capital Markets

Centrica PLC (LON:CNA)‘s stock had its “buy” rating restated by investment analysts at Kepler Capital Markets in a research report issued on Thursday. They presently have a GBX 190 ($2.50) price objective on the integrated energy company’s stock. Kepler Capital Markets’ price target suggests a potential upside of 36.59% from the stock’s current price.

CNA has been the topic of a number of other reports. Jefferies Group LLC raised shares of Centrica PLC to a “hold” rating and set a GBX 190 ($2.50) price objective on the stock in a research report on Thursday, August 31st. Investec reaffirmed a “sell” rating and issued a GBX 180 ($2.37) target price on shares of Centrica PLC in a research report on Thursday, August 3rd. Credit Suisse Group reaffirmed a “neutral” rating and issued a GBX 225 ($2.96) target price on shares of Centrica PLC in a research report on Wednesday, November 8th. Deutsche Bank AG reaffirmed a “sell” rating on shares of Centrica PLC in a research report on Thursday, September 7th. Finally, reduced their target price on shares of Centrica PLC from GBX 202 ($2.66) to GBX 190 ($2.50) and set a “hold” rating on the stock in a research report on Thursday, October 5th. Four analysts have rated the stock with a sell rating, ten have issued a hold rating and four have issued a buy rating to the company. Centrica PLC presently has a consensus rating of “Hold” and an average price target of GBX 206 ($2.71).

Centrica PLC (LON:CNA) opened at GBX 139.10 ($1.83) on Thursday. Centrica PLC has a 1 year low of GBX 119.71 ($1.57) and a 1 year high of GBX 236.90 ($3.12).

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In other news, insider Margherita D. Valle acquired 1,043 shares of the business’s stock in a transaction that occurred on Monday, September 25th. The shares were bought at an average cost of GBX 190 ($2.50) per share, with a total value of £1,981.70 ($2,606.47). Also, insider Iain C. Conn acquired 100,000 shares of the business’s stock in a transaction that occurred on Monday, October 9th. The shares were purchased at an average cost of GBX 173 ($2.28) per share, for a total transaction of £173,000 ($227,541.76). Insiders have purchased a total of 102,438 shares of company stock worth $17,741,434 over the last three months.

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)

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