Centrica PLC 24.9% potential upside indicated by RBC Capital Markets

Centrica PLC with ticker (LON:CNA) now has a potential upside of 24.9% according to RBC Capital Markets.

CNA.L

RBC Capital Markets set a target price of 170 GBX for the company, which when compared to the Centrica PLC share price of 136 GBX at opening today (21/06/2024) indicates a potential upside of 24.9%. Trading has ranged between 116 (52 week low) and 174 (52 week high) with an average of 37,593,084 shares exchanging hands daily. The market capitalisation at the time of writing is £7,284,771,600.

Centrica plc is an integrated energy company operating in the United Kingdom and Ireland. Its British Gas Services & Solutions segment provides installation, repair and maintenance of domestic central heating and related appliances, and the provision of fixed-fee maintenance/breakdown service and insurance contracts in the United Kingdom. Its British Gas Energy segment supplies gas and electricity to residential and small business customers in the United Kingdom. Its Bord Gais Energy segment supplies gas and electricity to residential, commercial and industrial customers in the Republic of Ireland. Its Centrica Business Solutions segment supplies gas and electricity to business customers in the United Kingdom. Its Centrica Energy segment is focused on procurement, trading and optimization of energy in the United Kingdom and Europe. Its Upstream segment is engaged in the sale of power generated from nuclear assets in the United Kingdom and gas storage in the United Kingdom.