Centrica (CNA) Given “Neutral” Rating at J P Morgan Chase & Co
J P Morgan Chase & Co reissued their neutral rating on shares of Centrica (LON:CNA) in a research note issued to investors on Thursday. They currently have a GBX 150 ($2.02) price objective on the integrated energy company’s stock.
A number of other brokerages also recently weighed in on CNA. Deutsche Bank reissued a sell rating and set a GBX 160 ($2.15) price target on shares of Centrica in a research report on Friday, August 18th. Jefferies Group raised Centrica to a hold rating and set a GBX 190 ($2.56) price target on the stock in a research report on Thursday, August 31st. Credit Suisse Group reissued a neutral rating and set a GBX 225 ($3.03) price target on shares of Centrica in a research report on Friday, September 22nd. lowered their price target on Centrica from GBX 202 ($2.72) to GBX 190 ($2.56) and set a hold rating on the stock in a research report on Thursday, October 5th. Finally, Macquarie reissued a neutral rating and set a GBX 180 ($2.42) price target on shares of Centrica in a research report on Thursday, October 26th. Three investment analysts have rated the stock with a sell rating, eleven have given a hold rating and four have issued a buy rating to the stock. The company presently has a consensus rating of Hold and a consensus price target of GBX 190.82 ($2.57).
Shares of Centrica (LON CNA) opened at GBX 144.10 ($1.94) on Thursday. Centrica has a 12-month low of GBX 119.71 ($1.61) and a 12-month high of GBX 236.90 ($3.19).
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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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