Centrica PLC (LON:CNA) Receives GBX 93.17 Consensus PT from Brokerages
Shares of Centrica PLC (LON:CNA) have received a consensus recommendation of “Hold” from the fifteen ratings firms that are covering the company, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a sell rating, eight have given a hold rating and three have given a buy rating to the company. The average 12-month price target among brokers that have covered the stock in the last year is GBX 90.83 ($1.19).
Several brokerages recently issued reports on CNA. Berenberg Bank cut their target price on Centrica from GBX 140 ($1.83) to GBX 80 ($1.05) and set a “hold” rating on the stock in a research report on Monday, September 9th. Goldman Sachs Group decreased their price target on Centrica from GBX 80 ($1.05) to GBX 79 ($1.03) and set a “neutral” rating for the company in a report on Thursday, November 14th. UBS Group reissued a “neutral” rating and issued a GBX 68 ($0.89) price target (down from GBX 110 ($1.44)) on shares of Centrica in a research report on Tuesday, August 13th. Barclays restated an “underweight” rating on shares of Centrica in a research note on Thursday, November 14th. Finally, JPMorgan Chase & Co. restated a “neutral” rating and set a GBX 75 ($0.98) price objective (down from GBX 110 ($1.44)) on shares of Centrica in a research note on Thursday, September 5th.
Shares of Centrica stock traded up GBX 1 ($0.01) on Tuesday, hitting GBX 80.94 ($1.06). The company had a trading volume of 7,888,471 shares, compared to its average volume of 26,600,000. The stock has a market capitalization of $4.68 billion and a price-to-earnings ratio of -7.56. Centrica has a 1 year low of GBX 63.99 ($0.84) and a 1 year high of GBX 140.70 ($1.84). The stock has a 50 day moving average of GBX 74.91 and a 200-day moving average of GBX 79.31. The company has a debt-to-equity ratio of 181.72, a quick ratio of 0.72 and a current ratio of 0.90.
Centrica plc operates as an integrated energy company in the United Kingdom, the Republic of Ireland, Germany, Norway, rest of Europe, the United States, Canada, and internationally. The company operates through Centrica Consumer, Centrica Business, and Exploration & Production 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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