Shares of Centrica PLC (LON:CNA) have received an average rating of “Hold” from the twelve analysts that are presently covering the stock, MarketBeat reports. Three equities research analysts have rated the stock with a sell recommendation, two have given a hold recommendation and seven have issued a buy recommendation on the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is GBX 147.50 ($1.93).
Several equities analysts recently commented on the company. Kepler Capital Markets reissued a “buy” rating on shares of Centrica in a research report on Friday, September 28th. Morgan Stanley restated an “underweight” rating on shares of Centrica in a report on Tuesday, October 2nd. Berenberg Bank restated a “buy” rating on shares of Centrica in a report on Friday, October 26th. JPMorgan Chase & Co. lifted their price objective on Centrica from GBX 180 ($2.35) to GBX 200 ($2.61) and gave the stock an “overweight” rating in a report on Thursday, October 11th. Finally, Credit Suisse Group restated an “outperform” rating and set a GBX 180 ($2.35) price objective on shares of Centrica in a report on Monday, October 29th.
In other news, insider Margherita D. Valle sold 1,492 shares of the business’s stock in a transaction that occurred on Monday, November 26th. The stock was sold at an average price of GBX 133 ($1.74), for a total value of £1,984.36 ($2,592.92). Insiders bought a total of 1,532 shares of company stock valued at $227,203 over the last quarter.
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.
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