Centrica PLC (LON:CNA)‘s stock had its “neutral” rating reaffirmed by BNP Paribas in a research report issued to clients and investors on Tuesday. They currently have a GBX 240 ($2.98) target price on the integrated energy company’s stock. BNP Paribas’ price objective indicates a potential upside of 17.98% from the company’s previous close.
A number of other research analysts have also recently commented on the company. Citigroup Inc. cut Centrica PLC to a “sell” rating and set a GBX 175 ($2.17) price target on the stock. in a research report on Wednesday, November 16th. JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a GBX 250 ($3.10) price target on shares of Centrica PLC in a research report on Wednesday, November 2nd. Goldman Sachs Group Inc. reaffirmed a “sell” rating and set a GBX 213 ($2.64) price target on shares of Centrica PLC in a research report on Monday, November 14th. Berenberg Bank upped their price target on Centrica PLC from GBX 230 ($2.85) to GBX 240 ($2.98) and gave the company a “buy” rating in a research report on Monday, November 7th. Finally, Jefferies Group cut Centrica PLC to an “underperform” rating and dropped their price target for the company from GBX 235 ($2.92) to GBX 190 ($2.36) in a research report on Thursday, September 22nd. Six research analysts have rated the stock with a sell rating, six have assigned a hold rating and eight have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of GBX 228.79 ($2.84).
Centrica PLC (LON:CNA) opened at 211.10 on Tuesday. The company’s market cap is GBX 10.91 billion. Centrica PLC has a 52-week low of GBX 182.50 and a 52-week high of GBX 248.39. The firm has a 50-day moving average price of GBX 209.37 and a 200-day moving average price of GBX 219.68.
In other Centrica PLC news, insider Ian Meakins acquired 891 shares of the business’s stock in a transaction dated Monday, September 26th. The shares were purchased at an average cost of GBX 226 ($2.80) per share, for a total transaction of £2,013.66 ($2,498.03). Also, insider Stephen Pusey acquired 1,151 shares of the business’s stock in a transaction dated Friday, November 25th. The stock was acquired at an average price of GBX 203 ($2.52) per share, for a total transaction of £2,336.53 ($2,898.56).