Centrica (LON:CNA – Get Rating) had its price objective decreased by Barclays from GBX 123 ($1.55) to GBX 121 ($1.52) in a research note issued to investors on Friday, MarketBeat Ratings reports. The firm currently has an “overweight” rating on the integrated energy company’s stock. Barclays‘s price objective points to a potential upside of 57.22% from the company’s current price.
Other analysts have also issued research reports about the stock. Royal Bank of Canada upped their target price on shares of Centrica from GBX 90 ($1.13) to GBX 125 ($1.57) and gave the stock an “outperform” rating in a report on Monday, May 16th. Morgan Stanley reiterated an “overweight” rating on shares of Centrica in a research report on Wednesday, May 11th. Citigroup restated a “buy” rating and set a GBX 105 ($1.32) target price on shares of Centrica in a research report on Monday, May 23rd. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Centrica in a report on Friday, May 20th. Finally, Berenberg Bank reaffirmed a “hold” rating on shares of Centrica in a research note on Thursday, February 24th. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of GBX 98.33 ($1.24).
CNA stock opened at GBX 76.96 ($0.97) on Friday. The stock has a 50-day simple moving average of GBX 80.41 and a two-hundred day simple moving average of GBX 75.05. Centrica has a twelve month low of GBX 45.21 ($0.57) and a twelve month high of GBX 89.60 ($1.13). The firm has a market capitalization of £4.54 billion and a PE ratio of 3.74. The company has a quick ratio of 0.55, a current ratio of 1.11 and a debt-to-equity ratio of 168.84.
About Centrica (Get Rating)
Centrica plc operates as an integrated energy company in the United Kingdom, Ireland, Norway, North America, and internationally. The company operates through British Gas Services & Solutions, British Gas Energy, Centrica Business Solutions, Bord Gáis Energy, Energy Marketing & Trading, and Upstream segments.
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