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HSBC covered Centrica PLC (LON:CNA), bumping its target to 202.00GBX earlier today

Yesterday Centrica PLC (LON:CNA) traded -0.57% lower at 203.00GBX. The company’s 50-day moving average is 199.04GBX and its 200-day moving average is 205.80GBX. The last closing price is down -6.37% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time period. 1,581,766 shares of the stock traded hands, down from an average trading volume of 15,819,300

HSBC bumped up the target of Centrica PLC (LON:CNA) to 202.00GBX stating a potential downside of 0.00%.

Previously on Wednesday June 21, 2017, JP Morgan Cazenove reported on Centrica PLC (LON:CNA) held steady the target price at 180.00GBX. At the time, this indicated a possible downside of -0.12%.

See Chart Below

Centrica PLC (LON:CNA)

Centrica PLC has a one year low of 119.71GBX and a one year high of 236.90GBX with a price-earnings ratio of 18.71 Centrica PLC’s market capitalization is presently 0 GBX.

A total of 19 brokers have issued a report on the stock. 3 firms rating the stock a strong buy, 8 brokerages rating the stock a buy, 7 brokerages rating the stock a hold, 2 brokers rating the stock a underperform, and finally one analyst rating the company a sell with a 12-month price target of 227.21GBX.

General Company Details For Centrica PLC (LON:CNA)

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. The Energy Supply & Services-UK & Ireland segment includes UK Home, UK Business and Ireland. The Energy Supply & Services-North America segment includes NA Home and NA Business. The Company is engaged in the supply of gas and electricity to residential customers in the United Kingdom, and the installation, repair and maintenance of domestic central heating, plumbing and drains, gas appliances and kitchen appliances, including the provision of fixed-fee maintenance/breakdown service and insurance contracts in the United Kingdom. The Company is engaged in the supply of gas and electricity and provision of energy-related services to business customers in the United Kingdom.

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