Centrica (LON:CNA) had its target price lowered by Jefferies Group from GBX 190 ($2.56) to GBX 155 ($2.09) in a report issued on Friday morning. The firm currently has a hold rating on the integrated energy company’s stock.
CNA has been the topic of several other reports. Credit Suisse Group reiterated a neutral rating and issued a GBX 225 ($3.03) price target on shares of Centrica in a report on Wednesday, November 8th. Deutsche Bank reiterated a sell rating and issued a GBX 160 ($2.15) price target on shares of Centrica in a report on Friday, August 25th. Royal Bank of Canada reduced their price target on Centrica from GBX 210 ($2.83) to GBX 150 ($2.02) and set a sector performer rating on the stock in a report on Tuesday, November 28th. Kepler Capital Markets reiterated a buy rating and issued a GBX 190 ($2.56) price target on shares of Centrica in a report on Thursday, November 23rd. Finally, J P Morgan Chase & Co reiterated a neutral rating and issued a GBX 205 ($2.76) price target on shares of Centrica in a report on Tuesday, November 21st. Three analysts have rated the stock with a sell rating, eleven have given a hold rating and four have given a buy rating to the stock. The stock has a consensus rating of Hold and a consensus price target of GBX 190.82 ($2.57).
Shares of Centrica (CNA) opened at GBX 141.50 ($1.90) on Friday. Centrica has a fifty-two week low of GBX 119.71 ($1.61) and a fifty-two week high of GBX 236.90 ($3.19).
In related news, insider Iain C. Conn bought 100,000 shares of the company’s stock in a transaction on Monday, October 9th. The shares were acquired at an average price of GBX 173 ($2.33) per share, with a total value of £173,000 ($232,839.84). Also, insider Margherita D. Valle bought 1,043 shares of the company’s stock in a transaction on Monday, September 25th. The shares were bought at an average cost of GBX 190 ($2.56) per share, for a total transaction of £1,981.70 ($2,667.16). Insiders have acquired a total of 103,910 shares of company stock worth $17,939,205 in the last ninety days.
Centrica 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.
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