Centrica (LON:CNA)‘s stock had its “neutral” rating reaffirmed by research analysts at UBS Group in a report issued on Monday, ThisIsMoney.Co.Uk reports.
CNA has been the subject of several other reports. Royal Bank of Canada cut shares of Centrica to an “underperform” rating and decreased their price target for the company from GBX 85 ($1.05) to GBX 33 ($0.41) in a research report on Tuesday, April 7th. Credit Suisse Group restated an “outperform” rating and issued a GBX 70 ($0.86) price target on shares of Centrica in a research report on Friday, June 12th. Barclays upped their price target on shares of Centrica from GBX 50 ($0.62) to GBX 60 ($0.74) and gave the company an “overweight” rating in a research report on Monday. Jefferies Financial Group cut shares of Centrica to a “hold” rating and decreased their price target for the company from GBX 50 ($0.62) to GBX 29 ($0.36) in a research report on Wednesday, April 22nd. Finally, HSBC upped their price target on shares of Centrica from GBX 28 ($0.34) to GBX 30 ($0.37) and gave the company a “reduce” rating in a research report on Wednesday, May 13th. Three 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. The stock has an average rating of “Hold” and an average price target of GBX 58.22 ($0.72).
Shares of LON CNA opened at GBX 50.98 ($0.63) on Monday. The company has a debt-to-equity ratio of 297.66, a quick ratio of 0.67 and a current ratio of 0.93. Centrica has a 52-week low of GBX 0.38 ($0.00) and a 52-week high of GBX 95.32 ($1.17). The firm has a 50 day moving average price of GBX 41.24 and a two-hundred day moving average price of GBX 52.48. The stock has a market cap of $2.98 billion and a P/E ratio of -2.86.
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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