Centrica (CNA) Earns Neutral Rating from Citigroup

Citigroup reaffirmed their neutral rating on shares of Centrica (LON:CNA) in a report published on Friday, MarketBeat.com reports. They currently have a GBX 145 ($1.94) price target on the integrated energy company’s stock.

A number of other equities analysts have also recently commented on CNA. Investec reissued a sell rating and set a GBX 180 ($2.41) price target on shares of Centrica in a report on Thursday, August 3rd. restated a hold rating and set a GBX 202 ($2.71) price objective on shares of Centrica in a research report on Monday, August 7th. Deutsche Bank restated a sell rating and set a GBX 160 ($2.14) price objective on shares of Centrica in a research report on Friday, August 18th. Jefferies Group upgraded Centrica to a hold rating and set a GBX 190 ($2.54) price objective on the stock in a research report on Thursday, August 31st. Finally, Credit Suisse Group restated a neutral rating and set a GBX 225 ($3.01) price objective on shares of Centrica in a research report on Friday, September 22nd. Three investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have issued a buy rating to the company’s stock. The company has a consensus rating of Hold and an average target price of GBX 196.12 ($2.63).

Centrica (LON:CNA) opened at GBX 145.57 ($1.95) on Friday. Centrica has a fifty-two week low of GBX 119.71 ($1.60) and a fifty-two week high of GBX 236.90 ($3.17).

In related news, insider Iain C. Conn purchased 100,000 shares of Centrica stock in a transaction on Monday, October 9th. The shares were purchased at an average price of GBX 173 ($2.32) per share, for a total transaction of £173,000 ($231,686.09). Also, insider Margherita D. Valle purchased 1,043 shares of Centrica stock in a transaction on Monday, September 25th. The stock was bought at an average price of GBX 190 ($2.54) per share, for a total transaction of £1,981.70 ($2,653.94). Insiders have purchased a total of 103,806 shares of company stock worth $17,924,125 in the last 90 days.

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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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