Bank of America ML downgrades Centrica, says shares approaching fair value
27th Sep 2023 13:52
(Sharecast News) - Bank of America Merrill Lynch downgraded Centrica to 'equalweight' from 'overweight' on Wednesday and said it would switch into SSE, Engie or Fortum.
Read moreLiberum starts Centrica at 'sell'
27th Sep 2023 08:59
(Sharecast News) - Liberum initiated coverage of British Gas owner Centrica on Wednesday with a 'sell' rating and 150p price target.
Read moreCiti reiterates 'buy' on Centrica
28th Jul 2023 16:09
(Sharecast News) - Citi reiterated its 'buy' rating on British Gas owner Centrica on Friday as it said the company's capital markets day "ticked many boxes".
Read moreCentrica gets a boost as British Gas profits surge
27th Jul 2023 08:09
(Sharecast News) - Centrica posted a jump in interim profit on Thursday as profits at British Gas surged amid rising energy prices.
Read moreDirector dealings: Centrica board member invests, Spirent CFO uses purchase plan
25th Jul 2023 11:06
(Sharecast News) - Centrica found itself on the list of buys on a relatively quiet Tuesday for director deals, after one of its non-executive directors picked up almost 1,500 shares.
Read moreCentrica signs $8bn LNG supply deal with Delfin Midstream
11th Jul 2023 07:04
(Sharecast News) - UK energy company Centrica on Tuesday said it had signed an $8bn deal with US-based Delfin Midstream to buy 1.0 million of liquefied natural gas a year for 15-years.
Read moreCentrica increases Rough gas storage facility
30th Jun 2023 07:28
(Sharecast News) - Energy group Centrica has increased capacity its previously mothballed Rough gas storage facility, it confirmed on Friday.
Read moreCiti reiterates 'buy' rating on Centrica
16th Jun 2023 08:58
(Sharecast News) - Citi reiterated its 'buy' rating on British Gas owner Centrica on Friday as it argued that the stock's tepid share price performance in recent days despite the tailwind from a solid trading statement is a reflection of positioning rather than concerns on fundamentals.
Read moreBroker tips: Centrica, JTC
16th Jun 2023 07:21
(Sharecast News) - Citi reiterated its 'buy' rating on British Gas owner Centrica on Friday as it argued that the stock's tepid share price performance in recent days despite the tailwind from a solid trading statement is a reflection of positioning rather than concerns on fundamentals.
Read moreCentrica sees annual earnings at top end of expectations
13th Jun 2023 07:11
(Sharecast News) - British Gas owner Centrica said it expected annual earnings to be at the top end of expectations, driven by "significantly higher" profits at its retail division as customers struggle with soaring energy prices.
Read moreBroker tips: Centrica, BAT, Workspace
31st May 2023 14:15
(Sharecast News) - JPMorgan Cazenove said on Wednesday that British Gas owner Centrica remains a "top pick" as it lifted its price target to 140p from 130p and maintained its 'overweight' rating.
Read moreJPMorgan says Centrica remains 'top pick', lifts price target
31st May 2023 10:51
(Sharecast News) - JPMorgan Cazenove said on Wednesday that British Gas owner Centrica remains a "top pick" as it lifted its price target to 140p from 130p and maintained its 'overweight' rating.
Read moreUK energy firms holding on to £7bn in customer cash - Uswitch
26th Apr 2023 13:37
(Sharecast News) - Energy supply companies have been hammered for stashing almost £7bn of customers' money amid the crippling cost of living crisis.
Read moreHigh Court upholds sale of collapsed Bulb to Octopus Energy
31st Mar 2023 11:54
(Sharecast News) - The UK government's decision to sell failed energy firm Bulb to Octopus Energy was upheld by the High Court on Friday, after challenges were brought by Centrica's British Gas, E.ON, and Scottish Power.
Read moreBerenberg hikes target price on Centrica
24th Mar 2023 09:39
(Sharecast News) - Analyst at Berenberg hiked their target price on electric services company Centrica from 50.0p to 110.0p on Friday, stating the group's strong free cash flow yield had revived its dividend.
Read more