Centrica PLC (CNA) Rating Reiterated by Deutsche Bank AG

Deutsche Bank AG reissued their sell rating on shares of Centrica PLC (LON:CNA) in a report issued on Friday, October 27th.

Several other research firms have also recently issued reports on CNA. HSBC Holdings plc cut their target price on Centrica PLC from GBX 202 ($2.66) to GBX 190 ($2.50) and set a hold rating for the company in a research report on Thursday, October 5th. Macquarie reaffirmed a neutral rating and issued a GBX 180 ($2.37) price objective on shares of Centrica PLC in a research note on Thursday, October 26th. Credit Suisse Group reaffirmed a neutral rating and issued a GBX 225 ($2.96) price objective on shares of Centrica PLC in a research note on Thursday, October 5th. Investec reissued a sell rating and set a GBX 180 ($2.37) price target on shares of Centrica PLC in a research note on Thursday, August 3rd. Finally, BNP Paribas reissued a neutral rating and set a GBX 210 ($2.76) price target on shares of Centrica PLC in a research note on Friday, July 21st. Five research analysts have rated the stock with a sell rating, ten have issued a hold rating and three have issued a buy rating to the stock. The stock has a consensus rating of Hold and a consensus price target of GBX 206 ($2.71).

Centrica PLC (LON CNA) opened at GBX 165.40 ($2.18) on Friday. Centrica PLC has a 1-year low of GBX 119.71 ($1.57) and a 1-year high of GBX 236.90 ($3.12).

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In related news, insider Iain C. Conn bought 100,000 shares of the company’s stock in a transaction dated 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 Margherita D. Valle acquired 1,152 shares of the stock in a transaction dated Wednesday, October 25th. The stock was purchased at an average cost of GBX 172 ($2.26) per share, with a total value of £1,981.44 ($2,606.13). Over the last three months, insiders have purchased 103,580 shares of company stock valued at $17,975,544.

Centrica PLC Company Profile

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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