Centrica (LON:CNA) was upgraded by equities researchers at Credit Suisse Group to an “outperform” rating in a report issued on Friday. The brokerage currently has a GBX 170 ($2.27) target price on the integrated energy company’s stock. Credit Suisse Group’s target price suggests a potential upside of 16.32% from the company’s previous close.

CNA has been the topic of a number of other reports. Deutsche Bank reiterated a “sell” rating and set a GBX 160 ($2.14) target price on shares of Centrica in a report on Thursday, October 12th. Royal Bank of Canada reduced their target price on shares of Centrica from GBX 210 ($2.81) to GBX 150 ($2.01) and set a “sector performer” rating on the stock in a report on Tuesday, November 28th. Kepler Capital Markets reiterated a “buy” rating and set a GBX 190 ($2.54) target price on shares of Centrica in a report on Thursday, November 23rd. JPMorgan Chase & Co. reiterated a “neutral” rating and set a GBX 205 ($2.74) target price on shares of Centrica in a report on Tuesday, November 21st. Finally, Citigroup restated a “neutral” rating and issued a GBX 145 ($1.94) price objective on shares of Centrica in a report on Friday, December 1st. Three investment analysts have rated the stock with a sell rating, ten have issued a hold rating and five have issued a buy rating to the company’s stock. Centrica has a consensus rating of “Hold” and a consensus target price of GBX 187.59 ($2.51).

Centrica (LON CNA) traded up GBX 4.35 ($0.06) during trading on Friday, reaching GBX 146.15 ($1.95). 29,395,936 shares of the company’s stock were exchanged, compared to its average volume of 24,660,000. The firm has a market cap of $8,180.00 and a price-to-earnings ratio of 1,461.50. Centrica has a 12 month low of GBX 119.71 ($1.60) and a 12 month high of GBX 236.50 ($3.16).

In other news, insider Margherita D. Valle bought 1,152 shares of the stock in a transaction dated Wednesday, October 25th. The shares were acquired at an average price of GBX 172 ($2.30) per share, with a total value of £1,981.44 ($2,649.34). Also, insider Iain C. Conn bought 100,000 shares of the stock in a transaction dated Monday, October 9th. The stock was purchased at an average cost of GBX 173 ($2.31) per share, for a total transaction of £173,000 ($231,314.35). In the last ninety days, insiders bought 204,334 shares of company stock worth $32,439,536.

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Centrica 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.

Analyst Recommendations for Centrica (LON:CNA)

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