Centrica PLC (LON:CNA)‘s stock had its “sell” rating reaffirmed by analysts at Deutsche Bank AG in a research note issued on Friday. They presently have a GBX 160 ($2.08) price objective on the integrated energy company’s stock. Deutsche Bank AG’s price objective suggests a potential downside of 20.63% from the stock’s current price.
CNA has been the subject of several other research reports. Macquarie lowered Centrica PLC to a “neutral” rating and set a GBX 220 ($2.86) price target for the company. in a research note on Friday, April 21st. Goldman Sachs Group, Inc. (The) restated a “sell” rating and issued a GBX 194 ($2.52) price target (down previously from GBX 214 ($2.78)) on shares of Centrica PLC in a research note on Wednesday, April 26th. Citigroup Inc. restated a “sell” rating and issued a GBX 178 ($2.31) price target on shares of Centrica PLC in a research note on Thursday, May 4th. Beaufort Securities restated a “buy” rating on shares of Centrica PLC in a research note on Tuesday, May 9th. Finally, Investec restated a “sell” rating and issued a GBX 180 ($2.34) price target on shares of Centrica PLC in a research note on Thursday, August 3rd. Six equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and three have issued a buy rating to the company’s stock. Centrica PLC currently has a consensus rating of “Hold” and a consensus target price of GBX 209.35 ($2.72).
Centrica PLC (LON:CNA) opened at 201.60 on Friday. The stock has a 50 day moving average price of GBX 202.68 and a 200-day moving average price of GBX 210.19. Centrica PLC has a 1-year low of GBX 119.71 and a 1-year high of GBX 239.40. The company’s market cap is GBX 11.06 billion.
In related news, insider Stephen Pusey acquired 1,142 shares of the business’s stock in a transaction dated Thursday, August 17th. The shares were acquired at an average price of GBX 205 ($2.66) per share, with a total value of £2,341.10 ($3,039.21). Also, insider Margherita D. Valle acquired 977 shares of the business’s stock in a transaction dated Tuesday, July 25th. The shares were bought at an average cost of GBX 203 ($2.64) per share, for a total transaction of £1,983.31 ($2,574.72). Insiders have bought 4,249 shares of company stock worth $873,544 in the last ninety days.
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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