JPMorgan Chase & Co. reiterated their neutral rating on shares of Centrica (LON:CNA) in a report published on Tuesday morning. JPMorgan Chase & Co. currently has a GBX 150 ($2.07) target price on the integrated energy company’s stock.
Other equities analysts have also issued research reports about the company. Jefferies Group cut their price target on Centrica from GBX 190 ($2.63) to GBX 155 ($2.14) and set a hold rating on the stock in a research note on Friday, December 8th. Deutsche Bank restated a sell rating and set a GBX 160 ($2.21) price target on shares of Centrica in a research note on Wednesday, November 8th. Kepler Capital Markets upgraded Centrica to a buy rating and set a GBX 190 ($2.63) price target on the stock in a research note on Thursday, November 16th. Citigroup restated a neutral rating and set a GBX 145 ($2.00) price target on shares of Centrica in a research note on Friday, December 1st. Finally, Credit Suisse Group upgraded Centrica to an outperform rating and set a GBX 170 ($2.35) price target on the stock in a research note on Friday, January 5th. Three research analysts have rated the stock with a sell rating, ten have given a hold rating and four have issued a buy rating to the company’s stock. The stock has an average rating of Hold and an average price target of GBX 180.56 ($2.49).
Centrica (LON CNA) opened at GBX 130.35 ($1.80) on Tuesday. The company has a market capitalization of $7,320.00 and a price-to-earnings ratio of 1,303.50. Centrica has a 52 week low of GBX 119.71 ($1.65) and a 52 week high of GBX 235.90 ($3.26).
In other Centrica news, insider Margherita D. Valle purchased 1,439 shares of the stock in a transaction on Thursday, December 21st. The stock was acquired at an average price of GBX 138 ($1.91) per share, with a total value of £1,985.82 ($2,743.60). Also, insider Stephen Pusey purchased 1,678 shares of the stock in a transaction on Monday, January 22nd. The stock was acquired at an average cost of GBX 139 ($1.92) per share, with a total value of £2,332.42 ($3,222.46). In the last ninety days, insiders have purchased 104,883 shares of company stock worth $15,174,690.
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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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