Friday broker round-up

23rd Nov 2018 13:13

(Sharecast News) - Kingfisher: Goldman Sachs downgrades to neutral with a target price of 270p.

Read more

Centrica hit by further unplanned outages

22nd Nov 2018 07:23

(Sharecast News) - Centrica warned that full year financials would be dented after weaker energy production volumes and the loss of 372,000 home energy supply accounts in the third quarter, though the British Gas owner still expects to hit its full year targets.

Read more

UK households energy debt up 12%

2nd Nov 2018 11:09

(Sharecast News) - The number of household who owe money to their energy company rose by 12%, or 300,000 homes, over the last year, according to survey published on Friday.

Read more

Centrica appoints Charles Berry as new chairman

31st Oct 2018 13:05

(Sharecast News) - Energy and services outfit Centrica has tapped sector veteran Charles Berry as its new chairman, taking over from Rick Haythornthwaite who announced his intention to step down back in May.

Read more

Friday broker round-up

26th Oct 2018 12:16

(Sharecast News) - Polypipe: Numis upgrades to buy with a target price of 450p.

Read more

Thursday broker round-up

11th Oct 2018 13:05

(Sharecast News) - Restaurant Group: HSBC upgrades to buy with a target price of 370p.

Read more

Goldman Sachs ups Centrica to 'buy', says underperformance overdone

18th Sep 2018 09:53

(Sharecast News) - British Gas owner Centrica got a boost on Tuesday as Goldman Sachs upped the stock to 'buy' from 'sell' and lifted the price target to 176p from 174p saying the underperformance is overdone given the commodity outlook and the fact that the worst of UK regulatory risk is behind us.

Read more

Centrica appoints former BP bigwig to board

14th Sep 2018 11:47

(Sharecast News) - Multinational energy and services company Centrica on Friday appointed Richard Hookway to its board as chief executive of Centrica Business from 1 December.

Read more

Utilities rally as in-line Ofgem price cap provides clarity

6th Sep 2018 10:18

(Sharecast News) - London-listed utilities rallied on Thursday as investors breathed a sigh of relief after Ofgem's proposed price cap came in in line with expectations, ending uncertainty for the sector.

Read more

Downside for United Utilities now limited even if nationalised, Citi says

29th Aug 2018 10:54

(Sharecast News) - Analysts at Citi sounded a 'bullish' note on three of the UK's listed utilities, telling clients the trio's improved fundamentals were starting to show through, despite the heightened political uncertainty in the UK.

Read more

Household energy bills expected to rise in 2019 despite price cap

20th Aug 2018 09:50

(Sharecast News) - Power bills in the UK are likely to rise by £60 next year despite the introduction of a price cap by the government, according to a new analysis.

Read more

Centrica hikes tariffs for British Gas variable tariff customers again

8th Aug 2018 10:56

(Sharecast News) - Centrica was the source of more misery for British Gas customers not on a fixed tariff on Wednesday, confirming that its Standard Variable Tariff was to increase yet again due to what it described as rising wholesale costs.

Read more

Rising carbon prices benefit Centrica and SSE, Berenberg says

2nd Aug 2018 13:46

(Sharecast News) - Centrica and SSE are likely to benefit from potential increases in EU carbon prices, Berenberg analysts said as they reiterated 'buy' ratings on both shares.

Read more

Jefferies reiterates 'buy' on Centrica but concedes downside risks to consensus view

31st Jul 2018 16:42

(Sharecast News) - Analysts at Jefferies reiterated their buy recommendation and 165p target price on shares of Centrica following the energy's supplier's latest interims, even as they conceded that several aspects of the group's results "implied" downside risks to consensus estimates for its earnings per share in fiscal year 2018.

Read more

Jefferies reiterates 'buy' on Centrica but concedes downside risks to consensus view

31st Jul 2018 16:42

(Sharecast News) - Analysts at Jefferies reiterated their buy recommendation and 165p target price on shares of Centrica following the energy's supplier's latest interims, even as they conceded that several aspects of the group's results "implied" downside risks to consensus estimates for its earnings per share in fiscal year 2018.

Read more