Centrica PLC (CNA) Receives Average Recommendation of “Hold” from Brokerages
Shares of Centrica PLC (LON:CNA) have been given an average rating of “Hold” by the twelve research firms that are presently covering the firm, Marketbeat.com reports. Four research analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and four have issued a buy recommendation on the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is GBX 137.90 ($1.80).
CNA has been the topic of several analyst reports. Berenberg Bank reaffirmed a “buy” rating on shares of Centrica in a research report on Friday, October 26th. Credit Suisse Group reaffirmed an “outperform” rating and set a GBX 180 ($2.35) price target on shares of Centrica in a research report on Monday, October 29th. Goldman Sachs Group dropped their price target on shares of Centrica from GBX 176 ($2.30) to GBX 174 ($2.27) and set a “buy” rating on the stock in a research report on Monday, November 19th. JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a GBX 190 ($2.48) price target (down from GBX 200 ($2.61)) on shares of Centrica in a research report on Thursday, November 22nd. Finally, UBS Group downgraded shares of Centrica to a “neutral” rating and decreased their price objective for the company from GBX 165 ($2.16) to GBX 135 ($1.76) in a report on Wednesday, December 5th.
In other Centrica news, insider Margherita D. Valle sold 1,492 shares of the company’s stock in a transaction on Monday, November 26th. The shares were sold at an average price of GBX 133 ($1.74), for a total value of £1,984.36 ($2,592.92).
Centrica Company Profile
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.
Featured Article: The Role of a Fiduciary and Individual Investors
Receive News & Ratings for Centrica Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Centrica and related companies with MarketBeat.com's FREE daily email newsletter.