Centrica sees challenging trading conditions in first half

13th May 2019 07:06

(Sharecast News) - British Gas owner Centrica maintained full year guidance on cash flow and net debt Monday but said a "challenging" environment due to falling gas prices, tariff caps, warmer weather and nuclear outages had forced it to conduct a strategic review of its portfolio.

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Monday broker round-up

15th Apr 2019 12:54

(Sharecast News) - Compass Group: Barclays downgrades to equal weight with a target price of 1,850p.

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JPMorgan goes 'neutral' on Centrica ahead of new UK pricing regulations

15th Apr 2019 11:43

(Sharecast News) - Analysts at JPMorgan downgraded British energy and services firm Centrica to 'neutral' on Monday, noting that price regulation in the UK now looked certain to adversely impact competition, leading to compressed market pricing and lower churn.

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Thursday broker round-up

14th Mar 2019 13:22

(Sharecast News) - Savills: Peel Hunt downgrades to hold with a target price of 925p.

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Jefferies says Centrica dividend hanging 'by a thread', cuts target price

1st Mar 2019 16:20

(Sharecast News) - Analysts at Jefferies marked down their medium-term estimates for Centrica's earnings on the back of now lower projections for commodity prices and in anticipation of higher competitive pressures across the company's consumer and business units, leaving the dividend payout 'hanging by a thread'.

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Friday broker round-up

22nd Feb 2019 13:01

(Sharecast News) - Codemasters Group Holding: Berenberg upgrades to buy with a target price of 260p.

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Centrica renews £2.4bn revolving credit facility

22nd Feb 2019 07:52

(Sharecast News) - Centrica on Friday said it had rolled over a £4.2bn credit facility with a maturity date of 2024.

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FTSE 100 movers: RELX hits five-year high, Centrica at five-year low

21st Feb 2019 15:26

(Sharecast News) - RELX topped the leaderboard for the top flight index on Thursday after the information and analytics group reported continued underlying growth in revenue, operating profits and earnings in its final results, with the former ahead by 4% for a full-year reported total of £7.49bn.

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Centrica says price cap to hit 2019 results

21st Feb 2019 08:00

(Sharecast News) - Energy supplier Centrica on Thursday said the government-imposed price cap would hit 2019 results as it lost customers but reported a rise in operating profits.

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Monday broker round-up

18th Feb 2019 12:32

(Sharecast News) - Centrica: Berenberg downgrades to hold with a target price of 140p.

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Berenberg cuts Centrica to 'hold' ahead of 'another challenging year'

18th Feb 2019 11:23

(Sharecast News) - Analysts at Berenberg downgraded their recommendation on British energy and services firm Centrica to 'hold' on Monday.

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Centrica slumps on Citi downgrade to 'neutral'

8th Feb 2019 13:51

(Sharecast News) - British Gas owner Centrica was under the cosh on Friday as Citi cut its stance on the stock to 'neutral' from 'buy' and trimmed the price target to 144p.

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Friday broker round-up

8th Feb 2019 13:10

(Sharecast News) - Travis Perkins: RBC Capital Markets upgrades to outperform with a target price of 1,550p.

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Wednesday broker round-up

6th Feb 2019 13:31

(Sharecast News) - National Grid: RBC Capital Markets upgrades to outperform with a target price of 950p.

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Centrica dividend fears lead RBC to switch to National Grid

6th Feb 2019 11:23

(Sharecast News) - RBC Capital Markets has slashed its recommendation on Centrica on growing expectations of a dividend cut, but upped its rating on rival utility National Grid.

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