Centrica (LON:CNA) had its price target cut by equities research analysts at Goldman Sachs Group from GBX 74 ($0.97) to GBX 47 ($0.62) in a note issued to investors on Tuesday, Stock Target Advisor reports. The brokerage currently has a “neutral” rating on the integrated energy company’s stock. Goldman Sachs Group’s target price suggests a potential upside of 14.83% from the stock’s previous close.

CNA has been the subject of several other research reports. Jefferies Financial Group reduced their price target on shares of Centrica from GBX 105 ($1.38) to GBX 100 ($1.32) and set a “buy” rating for the company in a research report on Wednesday, March 11th. HSBC upped their price target on shares of Centrica from GBX 76 ($1.00) to GBX 80 ($1.05) and gave the company a “hold” rating in a research report on Thursday, February 20th. Kepler Capital Markets downgraded shares of Centrica to a “reduce” rating in a research report on Tuesday, January 14th. Citigroup upgraded shares of Centrica to a “buy” rating and reduced their price target for the company from GBX 128 ($1.68) to GBX 100 ($1.32) in a research report on Wednesday, December 4th. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating and issued a GBX 75 ($0.99) price target on shares of Centrica in a research report on Tuesday, February 4th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and three have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of GBX 86.13 ($1.13).

Shares of LON:CNA opened at GBX 40.93 ($0.54) on Tuesday. The company has a market capitalization of $2.44 billion and a PE ratio of -2.30. The company has a current ratio of 0.93, a quick ratio of 0.72 and a debt-to-equity ratio of 297.66. Centrica has a twelve month low of GBX 35.01 ($0.46) and a twelve month high of GBX 116.55 ($1.53). The firm has a 50 day simple moving average of GBX 65.62 and a 200-day simple moving average of GBX 76.

Centrica (LON:CNA) last issued its quarterly earnings data on Thursday, February 13th. The integrated energy company reported GBX 7.30 ($0.10) earnings per share for the quarter, hitting the consensus estimate of GBX 7.30 ($0.10). As a group, equities research analysts predict that Centrica will post 1258.1932799 EPS for the current fiscal year.

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, and Exploration & Production segments. It supplies gas and electricity to residential customers, as well as offers energy-related services; and generates power from combined cycle gas turbines and nuclear assets.

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Analyst Recommendations for Centrica (LON:CNA)

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