Centrica PLC (CNA) Receives Consensus Rating of “Hold” from Analysts
Shares of Centrica PLC (LON:CNA) have been given an average rating of “Hold” by the eighteen analysts that are presently covering the firm, MarketBeat Ratings reports. Six investment analysts have rated the stock with a sell rating, nine have given a hold rating and three have given a buy rating to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is GBX 209.35 ($2.71).
Several brokerages have commented on CNA. Deutsche Bank AG reiterated a “sell” rating and issued a GBX 160 ($2.07) price target on shares of Centrica PLC in a research report on Friday, August 18th. Morgan Stanley dropped their price target on shares of Centrica PLC from GBX 215 ($2.78) to GBX 200 ($2.59) and set an “equal weight” rating on the stock in a research report on Wednesday, June 7th. Barclays PLC boosted their price target on shares of Centrica PLC from GBX 195 ($2.52) to GBX 215 ($2.78) and gave the stock an “equal weight” rating in a research report on Monday, June 12th. Investec reiterated a “sell” rating and issued a GBX 180 ($2.33) price target on shares of Centrica PLC in a research report on Thursday, August 3rd. Finally, Kepler Capital Markets reiterated a “reduce” rating and issued a GBX 190 ($2.46) price target on shares of Centrica PLC in a research report on Monday, May 15th.
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Shares of Centrica PLC (CNA) opened at 196.10 on Wednesday. The firm’s market cap is GBX 10.75 billion. The stock has a 50 day moving average of GBX 202.30 and a 200 day moving average of GBX 209.19. Centrica PLC has a 12 month low of GBX 119.71 and a 12 month high of GBX 239.12.
The company also recently declared a dividend, which will be paid on Thursday, November 30th. Investors of record on Thursday, October 12th will be paid a GBX 3.60 ($0.05) dividend. The ex-dividend date is Thursday, October 12th. This represents a dividend yield of 1.83%.
In other news, insider Margherita D. Valle purchased 977 shares of the stock in a transaction that occurred on Tuesday, July 25th. The stock was acquired at an average price of GBX 203 ($2.63) per share, with a total value of £1,983.31 ($2,565.07). Also, insider Stephen Pusey purchased 1,142 shares of the stock in a transaction that occurred on Thursday, August 17th. The stock was purchased at an average cost of GBX 205 ($2.65) per share, with a total value of £2,341.10 ($3,027.81). In the last three months, insiders purchased 3,286 shares of company stock valued at $675,166.
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.
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