Credit Suisse Group Reaffirms Neutral Rating for Centrica PLC (CNA)

Credit Suisse Group reaffirmed their neutral rating on shares of Centrica PLC (LON:CNA) in a research note issued to investors on Wednesday morning. They currently have a GBX 225 ($2.96) price target on the integrated energy company’s stock.

Other equities research analysts have also issued reports about the stock. Deutsche Bank AG restated a sell rating and set a GBX 160 ($2.10) target price on shares of Centrica PLC in a research report on Thursday, October 12th. HSBC Holdings plc restated a hold rating and set a GBX 202 ($2.66) target price on shares of Centrica PLC in a research report on Monday, August 7th. Finally, BNP Paribas restated a neutral rating and set a GBX 210 ($2.76) target price on shares of Centrica PLC in a research report on Friday, July 21st. Five research analysts have rated the stock with a sell rating, ten have given a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and a consensus price target of GBX 206 ($2.71).

Shares of Centrica PLC (LON:CNA) traded down GBX 0.90 ($0.01) during midday trading on Wednesday, hitting GBX 167.20 ($2.20). 17,433,348 shares of the company’s stock traded hands, compared to its average volume of 23,870,000. Centrica PLC has a 52 week low of GBX 119.71 ($1.57) and a 52 week high of GBX 236.90 ($3.12).

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In other news, insider Iain C. Conn bought 100,000 shares of the business’s stock in a transaction that occurred on Monday, October 9th. The stock was purchased at an average price of GBX 173 ($2.28) per share, with a total value of £173,000 ($227,541.76). Also, insider Stephen Pusey bought 1,142 shares of the business’s stock in a transaction that occurred on Thursday, August 17th. The stock was purchased at an average cost of GBX 205 ($2.70) per share, with a total value of £2,341.10 ($3,079.18). Insiders purchased a total of 103,580 shares of company stock worth $17,975,544 over the last quarter.

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.

Analyst Recommendations for Centrica PLC (LON:CNA)

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