Centrica PLC Given “Overweight” Rating at HSBC (CPYYY)
Centrica PLC (OTC: CPYYY)‘s stock had its “overweight” rating reiterated by equities research analysts at HSBC in a research note issued to investors on Friday. They currently have a $400.00 price target on the stock.
Several other analysts have also recently commented on the stock. Analysts at Citigroup raised their price target on shares of Centrica PLC from $360.00 to $370.00 in a research note to investors on Wednesday. They now have a “neutral” rating on the stock. Separately, analysts at Nomura raised their price target on shares of Centrica PLC from $335.00 to $350.00 in a research note to investors on Friday, March 15th. They now have a “neutral” rating on the stock. Finally, analysts at JPMorgan Chase raised their price target on shares of Centrica PLC from $365.00 to $370.00 in a research note to investors on Monday, March 11th. They now have a “neutral” rating on the stock.
Three research analysts have rated the stock with a sell rating, five have given a hold rating and four have assigned a buy rating to the company. Centrica PLC currently has an average rating of “Hold” and a consensus price target of $350.67.
Shares of Centrica PLC (OTC: CPYYY) traded up 1.79% during mid-day trading on Friday, hitting $21.86. Centrica PLC has a 52 week low of $18.77 and a 52 week high of $22.52. The stock’s 50-day moving average is currently $21.56. The company has a market cap of $28.374 billion and a P/E ratio of 13.70.
Centrica plc is an integrated energy company. The Company operates in four segments: Downstream UK, Upstream UK, Storage UK and North America.
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