Centrica plc (LON:CNA)’s stock price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 49.11 ($0.64) and traded as high as GBX 57.64 ($0.75). Centrica shares last traded at GBX 56.70 ($0.74), with a volume of 14,109,530 shares trading hands.
Several research firms have recently issued reports on CNA. JPMorgan Chase & Co. raised their price objective on Centrica from GBX 66 ($0.86) to GBX 67 ($0.88) and gave the company an “overweight” rating in a research note on Thursday, March 4th. Barclays reiterated an “overweight” rating and issued a GBX 68 ($0.89) price target on shares of Centrica in a report on Tuesday, January 26th. Finally, Royal Bank of Canada increased their price target on Centrica from GBX 55 ($0.72) to GBX 75 ($0.98) and gave the stock an “outperform” rating in a report on Tuesday, April 6th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of GBX 58.75 ($0.77).
The company has a current ratio of 1.36, a quick ratio of 0.57 and a debt-to-equity ratio of 389.00. The stock has a market cap of £3.33 billion and a price-to-earnings ratio of 81.00. The stock has a 50-day moving average price of GBX 55.09 and a two-hundred day moving average price of GBX 49.11.
About Centrica (LON:CNA)
Centrica plc operates as an integrated energy company in the United Kingdom, Ireland, Norway, North America, and internationally. The company operates through British Gas, Energy Marketing & Trading, Centrica Business Solutions, Bord GÃ¡is Energy, and Upstream segments. It supplies gas and electricity to residential customers, as well as offers energy-related services; and generates power from combined cycle gas turbines and nuclear assets.
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