Centrica PLC (LON:CNA) has been given an average rating of “Hold” by the twelve brokerages that are presently covering the stock, MarketBeat reports. Three investment analysts have rated the stock with a sell rating, two have assigned a hold rating and seven have given a buy rating to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is GBX 147.50 ($1.93).
CNA has been the subject of a number of recent analyst reports. Jefferies Financial Group downgraded Centrica to a “hold” rating and reduced their target price for the company from GBX 170 ($2.22) to GBX 125 ($1.63) in a report on Monday, January 7th. Goldman Sachs Group reduced their target price on Centrica from GBX 163 ($2.13) to GBX 158 ($2.06) and set a “buy” rating for the company in a report on Tuesday. JPMorgan Chase & Co. reduced their target price on Centrica from GBX 190 ($2.48) to GBX 170 ($2.22) and set an “overweight” rating for the company in a report on Tuesday, December 11th. Credit Suisse Group reissued an “outperform” rating on shares of Centrica in a report on Wednesday, December 12th. Finally, Kepler Capital Markets reissued a “buy” rating on shares of Centrica in a report on Friday, September 28th.
Shares of LON CNA opened at GBX 135.20 ($1.77) on Friday. Centrica has a 1-year low of GBX 119.71 ($1.56) and a 1-year high of GBX 221 ($2.89).
In other news, insider Margherita D. Valle purchased 1,323 shares of the company’s stock in a transaction dated Thursday, October 25th. The stock was acquired at an average price of GBX 149 ($1.95) per share, for a total transaction of £1,971.27 ($2,575.81). In the last 90 days, insiders bought 1,532 shares of company stock valued at $227,203.
Centrica plc operates as an integrated energy company in the United Kingdom, the Republic of Ireland, Germany, Norway, rest of Europe, the United States, Canada, and internationally. The company operates through Centrica Consumer, Centrica Business, Exploration & Production, and Centrica Storage segments.
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