Centrica (LON:CNA) was downgraded by Kepler Capital Markets to a “reduce” rating in a research report issued to clients and investors on Tuesday, Stock Target Advisor reports.
A number of other research analysts have also recently commented on the company. Goldman Sachs Group lowered their price target on Centrica from GBX 80 ($1.05) to GBX 79 ($1.04) and set a “neutral” rating on the stock in a report on Thursday, November 14th. UBS Group raised Centrica to a “buy” rating and boosted their price target for the stock from GBX 68 ($0.89) to GBX 110 ($1.45) in a report on Monday. Citigroup raised Centrica to a “buy” rating and lowered their price target for the stock from GBX 128 ($1.68) to GBX 100 ($1.32) in a report on Wednesday, December 4th. Jefferies Financial Group raised Centrica to a “buy” rating and set a GBX 90 ($1.18) price target on the stock in a report on Thursday, September 19th. Finally, Sanford C. Bernstein boosted their price target on Centrica from GBX 80 ($1.05) to GBX 90.40 ($1.19) and gave the stock a “market perform” rating in a report on Thursday, January 9th. Four equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of GBX 94.42 ($1.24).
Shares of CNA stock traded down GBX 0.26 ($0.00) during trading hours on Tuesday, reaching GBX 91.10 ($1.20). 7,115,836 shares of the company traded hands, compared to its average volume of 26,600,000. Centrica has a 12-month low of GBX 63.99 ($0.84) and a 12-month high of GBX 140.70 ($1.85). The company has a debt-to-equity ratio of 181.72, a current ratio of 0.90 and a quick ratio of 0.72. The company has a market cap of $5.32 billion and a P/E ratio of -8.51. The firm has a 50-day moving average price of GBX 86.33 and a 200 day moving average price of GBX 78.20.
Centrica plc operates as an integrated energy company in the United Kingdom, the Republic of Ireland, Germany, Norway, rest of Europe, the United States, Canada, and internationally. The company operates through Centrica Consumer, Centrica Business, and Exploration & Production segments. It supplies gas and electricity to residential customers, as well as offers energy-related services; and generates power from combined cycle gas turbines and nuclear assets.
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