Brokerages Set Centrica PLC (CNA) Target Price at $228.79
Shares of Centrica PLC (LON:CNA) have earned a consensus recommendation of “Hold” from the twenty research firms that are currently covering the stock. Six analysts have rated the stock with a sell recommendation, six have given a hold recommendation and eight have given a buy recommendation to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is GBX 228.79 ($2.86).
A number of equities analysts have recently commented on CNA shares. Numis Securities Ltd reaffirmed an “add” rating and issued a GBX 210 ($2.62) target price on shares of Centrica PLC in a report on Tuesday, August 16th. Berenberg Bank boosted their price objective on shares of Centrica PLC from GBX 230 ($2.87) to GBX 240 ($3.00) and gave the company a “buy” rating in a research note on Monday, November 7th. Barclays PLC boosted their price objective on shares of Centrica PLC from GBX 240 ($3.00) to GBX 245 ($3.06) and gave the company an “equal weight” rating in a research note on Friday, August 19th. Deutsche Bank AG reissued a “hold” rating and issued a GBX 230 ($2.87) price objective on shares of Centrica PLC in a research note on Friday, August 12th. Finally, BNP Paribas reissued a “neutral” rating and issued a GBX 240 ($3.00) price objective on shares of Centrica PLC in a research note on Tuesday, September 13th.
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Centrica PLC (LON:CNA) opened at 204.10 on Wednesday. The stock’s market capitalization is GBX 10.55 billion. Centrica PLC has a 1-year low of GBX 182.50 and a 1-year high of GBX 248.39. The stock has a 50 day moving average of GBX 209.78 and a 200 day moving average of GBX 219.68.
In other Centrica PLC news, insider Ian Meakins bought 891 shares of the company’s stock in a transaction that occurred on Monday, September 26th. The stock was purchased at an average price of GBX 226 ($2.82) per share, with a total value of £2,013.66 ($2,515.82). Also, insider Stephen Pusey bought 1,079 shares of the company’s stock in a transaction that occurred on Tuesday, October 25th. The shares were acquired at an average cost of GBX 216 ($2.70) per share, with a total value of £2,330.64 ($2,911.84).
Centrica PLC Company Profile
Centrica plc is an integrated energy company. The Company operates through three segments: International Downstream, International Upstream and Centrica Storage. It offers Hive Active Heating 2, which is an advancement of its smart thermostat. The International Downstream segment includes the operations of British Gas, Direct Energy and Bord Gais Energy.
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