Shares of Centrica (LON:CNA) have received a consensus rating of “Hold” from the eighteen brokerages that are presently covering the stock, Marketbeat.com reports. Four investment analysts have rated the stock with a sell recommendation, nine have issued a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is GBX 178.69 ($2.56).
Several research analysts have issued reports on CNA shares. Credit Suisse Group restated a “neutral” rating and set a GBX 175 ($2.51) price target on shares of Centrica in a report on Wednesday, January 3rd. Deutsche Bank reiterated a “sell” rating and issued a GBX 125 ($1.79) price objective on shares of Centrica in a research note on Friday, January 12th. JPMorgan Chase reiterated a “neutral” rating and issued a GBX 150 ($2.15) price objective on shares of Centrica in a research note on Tuesday, February 20th. Royal Bank of Canada upgraded shares of Centrica to an “outperform” rating and lifted their price objective for the company from GBX 150 ($2.15) to GBX 175 ($2.51) in a research note on Monday, February 26th. Finally, Kepler Capital Markets lowered their price objective on shares of Centrica from GBX 190 ($2.72) to GBX 160 ($2.29) and set a “buy” rating for the company in a research note on Wednesday, February 28th.
In other Centrica news, insider Stephen Pusey purchased 1,678 shares of Centrica stock in a transaction that occurred on Monday, January 22nd. The stock was acquired at an average price of GBX 139 ($1.99) per share, with a total value of £2,332.42 ($3,339.66). Also, insider Margherita D. Valle purchased 1,368 shares of Centrica stock in a transaction that occurred on Monday, February 26th. The stock was acquired at an average cost of GBX 145 ($2.08) per share, with a total value of £1,983.60 ($2,840.21). In the last three months, insiders purchased 44,985 shares of company stock valued at $6,335,510.
Centrica (LON:CNA) last released its quarterly earnings results on Thursday, February 22nd. The integrated energy company reported GBX 12.60 ($0.18) earnings per share (EPS) for the quarter, hitting the consensus estimate of GBX 12.60 ($0.18). Centrica had a net margin of 2.16% and a return on equity of 21.95%. The firm had revenue of GBX 2,802.30 billion during the quarter.
The firm also recently declared a dividend, which will be paid on Thursday, June 28th. Investors of record on Thursday, May 10th will be given a GBX 8.40 ($0.12) dividend. The ex-dividend date is Thursday, May 10th. This represents a yield of 5.83%. This is an increase from Centrica’s previous dividend of $3.60.
Centrica plc operates as an integrated energy company in the United Kingdom, the Republic of Ireland, North America, Norway, and internationally. The company operates through 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 segments.
Receive News & Ratings for Centrica Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Centrica and related companies with MarketBeat.com's FREE daily email newsletter.