Shares of Centrica plc (LON:CNA) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 49.11 ($0.64) and traded as high as GBX 57.64 ($0.75). Centrica shares last traded at GBX 56.70 ($0.74), with a volume of 14,109,530 shares.
CNA has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. boosted their price objective on shares of Centrica from GBX 66 ($0.86) to GBX 67 ($0.88) and gave the stock an “overweight” rating in a report on Thursday, March 4th. Royal Bank of Canada boosted their target price on shares of Centrica from GBX 55 ($0.72) to GBX 75 ($0.98) and gave the stock an “outperform” rating in a research report on Tuesday, April 6th. Finally, Barclays reissued an “overweight” rating and issued a GBX 68 ($0.89) target price on shares of Centrica in a research report on Tuesday, January 26th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the stock. Centrica has an average rating of “Hold” and an average price target of GBX 58.75 ($0.77).
The company has a current ratio of 1.36, a quick ratio of 0.57 and a debt-to-equity ratio of 389.00. The stock has a market cap of £3.33 billion and a P/E ratio of 81.00. The firm’s 50-day simple moving average is GBX 55.09 and its 200 day simple moving average is GBX 49.11.
About Centrica (LON:CNA)
Centrica plc operates as an integrated energy company in the United Kingdom, Ireland, Norway, North America, and internationally. The company operates through British Gas, Energy Marketing & Trading, Centrica Business Solutions, Bord GÃ¡is Energy, and Upstream 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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