Brokerages Set Centrica PLC (CNA) Target Price at $209.35
Shares of Centrica PLC (LON:CNA) have received an average rating of “Hold” from the eighteen analysts that are presently covering the stock, Marketbeat.com reports. Five equities research analysts have rated the stock with a sell recommendation, ten have issued a hold recommendation and three have issued a buy recommendation on the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is GBX 209.35 ($2.71).
Several research analysts recently issued reports on CNA shares. Deutsche Bank AG reissued a “sell” rating and issued a GBX 180 ($2.33) price target on shares of Centrica PLC in a research report on Friday, May 5th. Kepler Capital Markets reissued a “reduce” rating and issued a GBX 190 ($2.46) price target on shares of Centrica PLC in a research report on Monday, May 8th. Beaufort Securities reissued a “buy” rating on shares of Centrica PLC in a research report on Tuesday, May 9th. Goldman Sachs Group, Inc. (The) reissued a “sell” rating and issued a GBX 194 ($2.51) price target on shares of Centrica PLC in a research report on Tuesday, May 9th. Finally, J P Morgan Chase & Co lowered shares of Centrica PLC to an “underweight” rating and dropped their price target for the stock from GBX 265 ($3.43) to GBX 180 ($2.33) in a research report on Thursday, May 11th.
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In other news, insider Margherita D. Valle acquired 977 shares of the stock in a transaction dated Tuesday, July 25th. The shares were bought at an average cost of GBX 203 ($2.63) per share, for a total transaction of £1,983.31 ($2,565.07). Also, insider Stephen Pusey acquired 1,142 shares of the stock in a transaction dated Thursday, August 17th. The shares were purchased at an average price of GBX 205 ($2.65) per share, for a total transaction of £2,341.10 ($3,027.81). Insiders acquired a total of 3,212 shares of company stock worth $660,144 over the last quarter.
Centrica PLC (LON CNA) traded down 0.40% during trading on Wednesday, hitting GBX 199.10. The stock had a trading volume of 11,105,338 shares. The company’s market cap is GBX 10.92 billion. Centrica PLC has a 52 week low of GBX 119.71 and a 52 week high of GBX 239.12. The stock has a 50-day moving average price of GBX 201.17 and a 200-day moving average price of GBX 208.15.
The firm also recently declared a dividend, which will be paid on Thursday, November 30th. Shareholders of record on Thursday, October 12th will be paid a GBX 3.60 ($0.05) dividend. The ex-dividend date is Thursday, October 12th. This represents a yield of 1.83%.
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.
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