Centrica PLC (LON:CNA) had its target price cut by HSBC Holdings plc from GBX 202 ($2.68) to GBX 190 ($2.52) in a research note published on Thursday. They currently have a hold rating on the integrated energy company’s stock.

Other equities analysts have also issued research reports about the stock. Goldman Sachs Group, Inc. (The) reiterated a sell rating and issued a GBX 174 ($2.31) target price on shares of Centrica PLC in a research report on Thursday, June 22nd. J P Morgan Chase & Co reiterated a neutral rating and issued a GBX 205 ($2.72) target price on shares of Centrica PLC in a research report on Monday, July 10th. Deutsche Bank AG reiterated a sell rating and issued a GBX 160 ($2.12) target price on shares of Centrica PLC in a research report on Thursday, June 8th. Credit Suisse Group reiterated a neutral rating and issued a GBX 225 ($2.98) target price on shares of Centrica PLC in a research report on Friday, September 22nd. Finally, Barclays PLC raised their price objective on shares of Centrica PLC from GBX 195 ($2.59) to GBX 215 ($2.85) and gave the company an equal weight rating in a research report on Monday, June 12th. Five equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have given a buy rating to the company. Centrica PLC currently has an average rating of Hold and a consensus target price of GBX 208.35 ($2.76).

Shares of Centrica PLC (LON CNA) opened at 174.50 on Thursday. The stock’s market cap is GBX 9.57 billion. The company’s 50-day moving average is GBX 192.60 and its 200-day moving average is GBX 201.67. Centrica PLC has a 12-month low of GBX 119.71 and a 12-month high of GBX 236.90.

TRADEMARK VIOLATION WARNING: “HSBC Holdings plc Trims Centrica PLC (CNA) Target Price to GBX 190” was published by Watch List News and is the sole property of of Watch List News. If you are accessing this article on another website, it was stolen and republished in violation of US and international trademark & copyright legislation. The correct version of this article can be read at https://www.watchlistnews.com/hsbc-holdings-plc-trims-centrica-plc-cna-target-price-to-gbx-190/1617073.html.

The firm also recently disclosed a dividend, which will be paid on Thursday, November 30th. Investors of record on Thursday, October 12th will be given a dividend of GBX 3.60 ($0.05) per share. This represents a yield of 1.83%. The ex-dividend date is Thursday, October 12th.

In related news, insider Stephen Pusey purchased 1,142 shares of the stock in a transaction on Thursday, August 17th. The shares were bought at an average price of GBX 205 ($2.72) per share, for a total transaction of £2,341.10 ($3,105.32). Also, insider Margherita D. Valle purchased 1,043 shares of the stock in a transaction on Monday, September 25th. The shares were bought at an average price of GBX 190 ($2.52) per share, for a total transaction of £1,981.70 ($2,628.60). In the last ninety days, insiders have purchased 3,389 shares of company stock worth $675,598.

About Centrica PLC

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.

Analyst Recommendations for Centrica PLC (LON:CNA)

Receive News & Ratings for Centrica PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Centrica PLC and related companies with Analyst Ratings Network's FREE daily email newsletter.