Credit Suisse Group upgraded shares of Centrica (LON:CNA) to an outperform rating in a report published on Friday. They currently have GBX 170 ($2.27) price objective on the integrated energy company’s stock.
Several other analysts also recently issued reports on the company. Deutsche Bank restated a sell rating and issued a GBX 160 ($2.14) price target on shares of Centrica in a research note on Wednesday, November 8th. Kepler Capital Markets upgraded Centrica to a buy rating and set a GBX 190 ($2.54) price target for the company in a research note on Thursday, November 16th. Macquarie restated a neutral rating and issued a GBX 180 ($2.41) price target on shares of Centrica in a research note on Thursday, October 26th. Citigroup restated a neutral rating and issued a GBX 145 ($1.94) price target on shares of Centrica in a research note on Friday, December 1st. Finally, Jefferies Group reduced their price target on Centrica from GBX 190 ($2.54) to GBX 155 ($2.07) and set a hold rating for the company in a research note on Friday, December 8th. Three research analysts have rated the stock with a sell rating, ten have assigned a hold rating and five have given a buy rating to the stock. The stock currently has an average rating of Hold and a consensus price target of GBX 187.59 ($2.51).
Shares of Centrica (CNA) opened at GBX 146.15 ($1.95) on Friday. The stock has a market capitalization of $8,180.00 and a price-to-earnings ratio of 1,461.50. Centrica has a one year low of GBX 119.71 ($1.60) and a one year high of GBX 236.50 ($3.16).
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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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