Centrica PLC 15.5% Potential Decrease Indicated by HSBC

Broker Ratings
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Centrica PLC using EPIC/TICKER code (LON:CNA) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘REDUCE’ this morning by analysts at HSBC. Centrica PLC are listed in the Utilities sector within UK Main Market. HSBC have set a target price of 30 GBX on its stock. This indicates the analyst believes there is a potential downside of -15.5% from today’s opening price of 35.49 GBX. Over the last 30 and 90 trading days the company share price has increased 2.33 points and decreased 39.51 points respectively. The 1 year high for the share price is 97.02 GBX while the year low share price is currently 29.1 GBX.

Centrica PLC has a 50 day moving average of 43.05 GBX and a 200 Day Moving Average share price is recorded at 69.84. There are currently 5,837,574,575 shares in issue with the average daily volume traded being 53,200,210. Market capitalisation for LON:CNA is £2,023,939,552 GBP.

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    Centrica plc (LON:CNA) provides an update on its trading performance ahead of its 2024 Interim Results. Read on for details on the company's strong performance and strategic initiatives.

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